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eters 8,9 & 110 Saved Help Seve BE A company uses the percent of sales method to determine its bad debts expense. At the end

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eters 8,9 & 110 Saved Help Seve BE A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial bale reported the following selected amounts: Accounts receivable Allowance for uncollectible accounts Net Sales $376,000 debit 510 credit 810,000 credit All sales are made on credit. Based on past experience, the company estimates that 0.5% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year end adjusting entry is prepared? Multiple Choice Stos S4595 C $3.760 l@ MacBook Air 4 ** BO 998 # 3 $ 4 % 5 & 7 9 6 8 2 0 W E Y R . K F. G H S D

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