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in preparing the financial statements for January the accountant for team shirts has compiled the following information account receivable are 5000; the amount estimated to
in preparing the financial statements for January the accountant for team shirts has compiled the following information account receivable are 5000; the amount estimated to be collectible is 3% of sales for the month. sales for the month were 43,000 and the balance in the allowance for uncollectible accounts is a positive 1000. using the sales method the amount of bad debt expense for January is
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