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Dynamite, Incorporated had credit sales of $ 8 2 5 , 0 0 0 for March. Accounts receivable of $ 9 , 0 0 0
Dynamite, Incorporated had credit sales of $ for March. Accounts receivable of $ were determined to be worthless and were written off during March. Accounts receivable total $ at March Management feels that based on past experience, approximately of net credit sales will prove to be uncollectible. Assuming Dynamite, Incorporated uses the income statement approach an allowance method to account for uncollectible accounts, uncollectible accounts expense for March is:
Dynamite, Incorporated had credit sales of $ for March. Accounts receivable of $ were determined to be worthless and were written off during March. Accounts receivable total $ at March Management feels that based on past experience, approximately of net credit sales will prove to be uncollectible.
Assuming Dynamite, Incorporated uses the income statement approach an allowance method to account for uncollectible accounts, uncollectible accounts expense for March is:
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