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fill in the blank QUESTION 16 For the year ended December 31, 20xo, Barracks and Bullets Emporium estimated its allowance for doubtful accounts using the
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QUESTION 16 For the year ended December 31, 20xo, Barracks and Bullets Emporium estimated its allowance for doubtful accounts using the year-end aging of accounts receivable. The following data are available: Allowance for doubtful accounts, Jan 1 20x0 $37,000 Estimated uncollectible accounts during 20x0 (15 on credit sales of $4,000,000) $40,000 Uncollectible accounts written off, Nov 30 20X0 1552,000 Etimated uncollectible accounts per aging, Dec 1974,000 37 20x0 After year-end adjustment, the bad debt expense for 20X0 should be: (Answer should be to the nearest dollar. For example, enter $100,000.51 as 100001. No comma, dollara sign s, or decimals.) Step by Step Solution
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