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Dynamic, Incorporated had credit sales of $675,000 for March. Accounts receivable of $6,000 were determined to be worthless and were written off during March Accounts

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Dynamic, Incorporated had credit sales of $675,000 for March. Accounts receivable of $6,000 were determined to be worthless and were written off during March Accounts receivable total $575,000 at March 31. Management feels that based on past experience, approximately 2% of net credit sales will prove to be uncollectible Assuming Dynamic, Incorporated uses the Income statement approach (an allowance method to account for uncollectible accounts, uncollectible accounts expense for March is Multiple Choice 511 500 $17,500 $19.500 $13.500

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