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Maple Co. provides for bad debts expense at the rate of 2.37% of credit sales for the period. On Jan 1,20X1, the Allowance for
Maple Co. provides for bad debts expense at the rate of 2.37% of credit sales for the period. On Jan 1,20X1, the Allowance for Bad Debts was $9,000. There were $16,000 of accounts written off during the year. Credit sales for the year were $890,000. What is this year's bad debt expense? Enter your response as a whole number, no commas and no dollar signs.
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MIS Essentials
Authors: David M. Kroenke
4th edition
978-0133546590, 133546594, 978-0133807479
