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eBook Percentage of Credit Sales Method At December 31, Garner has a $15,000 credit balance in its allowance for doubtful accounts. Garner estimates that 3%

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eBook Percentage of Credit Sales Method At December 31, Garner has a $15,000 credit balance in its allowance for doubtful accounts. Garner estimates that 3% of its credit sales for the year will eventually default. During the year, Garner had credit sales of $970,000 Required: Estimate the bad debt expense under the percentage of credit sales method

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