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help solving 10, 11 tps://tarleton.instructure.com/courses/13097/quizzes/100674/take The current balance in the Allowance for Doubtful Accounts is 4,000 DR...... The company then did an aging analysis, and
help solving 10, 11
tps://tarleton.instructure.com/courses/13097/quizzes/100674/take The current balance in the Allowance for Doubtful Accounts is 4,000 DR...... The company then did an aging analysis, and thinks that 39,069 of their Accounts Receivable will ultimately become uncollectible. What is the amount of Bad Debt Expense that they should record for the year in their year end adjusting entry? Question 11 1 pts At the end of the year, before adjustments, Yell Company has the following balances in selected accounts........ Net Sales (all sales were credit sales) = 198,796.... The Allowance for Doubtful Accounts has a 4,000 CR balance....... The Accounts Receivable balance is 80,000......The company uses the percentage of credit sales method to determine their Bad Debt Expense for the year, and they think that 10 percent of their credit sales will ultimately be non collectible.... What is the amount of Bad Debt Expense that they should record for the year
help solving 10, 11
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