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Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $2,000,000, and management estimates 2% will be

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Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $2,000,000, and management estimates 2% will be uncollectible. The amount of Uncollectible - Account Expense reported on the income statement will be O A. $39,000 OB. $1,000 OC. $41,000 OD. $40,000 Click to select your

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