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help solve this please A company used the percent of sales method to determine its bad debts expense. At the end of the current year,

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A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable $ 442,000 Debit Allowance for Doubtful Accounts 1,320 Debit Net Sales 2.170.000 Credit All sales are made on credit. Based on past experience, the company estimates 2.0% of its net sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense? Multiple Choice O Debit Bad Debts Expense $44,720; credit Allowance for Doubtful Accounts $44,720. O Debit Bad Debts Expense $43,400; credit Allowance for Doubtful Accounts $43,400. O Debit Bad Debts Expense $8,840; credit Allowance for Doubtful Accounts $8,840. O Debit Bad Debts Expense $42 080; credit Allowance for Doubtful Accounts $42,080. O Debit Bad Debts Expense $10.160; credit Allowance for Doubtful Accounts $10,160

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