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During 2017, Bigly Co. computed bad debt expense of $65,000 based on 2% of $3,250,000 in credit sales. Its Allowance for Doubtful Accounts was a
During 2017, Bigly Co. computed bad debt expense of $65,000 based on 2% of $3,250,000 in credit sales. Its Allowance for Doubtful Accounts was a $200,000 credit balance at December 31, 2017. What was Biglys Allowance for Doubtful Accounts balance at December 31, 2016.
- A. $65,000
- B. $135,000
- C. $265,000
- D. $200,000
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