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Friedman Company uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging analysis equals $37,000. The unadjusted credit balance
Friedman Company uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging analysis equals $37,000. The unadjusted credit balance in the Allowance for Doubtful Accounts account is $12,800 What is the estimated Bad Debt Expense for the period? |
$12,800.
$37,000.
$24,200.
$49,800.
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