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i need as soon as possible This Question: 1 pt 26 of 32 (16 complete) Ringo Company had the following information relating to net credit
i need as soon as possible
This Question: 1 pt 26 of 32 (16 complete) Ringo Company had the following information relating to net credit sales for 2019: Accounts receivable, Jan 1, 2019 $2,440 Dr. Allowance for doubtful accounts, 600 Cr. Dec. 31, 2019, prior to adjustment Not credit sales during 2019 95,000 Collections on account during 2019 87,000 Cash sales during 2019 | 27.000 Referring to the table above, funcollectible accounts are determined by the aging of receivables method to be $3,040, the bad-debt expense for 2019 would be O A. $3,040 O B. $3,640 OC. $600 OD. $2,440 Step by Step Solution
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