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MC2 Rajang Inc. made $2,000,000 in credit sales and has $800,000 of accounts receivable at the end of the period. They also have a
MC2 Rajang Inc. made $2,000,000 in credit sales and has $800,000 of accounts receivable at the end of the period. They also have a credit balance of $5,500 in their allowance for doubtful accounts. Rajang Inc. believes that 1% of their net credit sales will be uncollectable. What would they record as their bad debt expense for the period? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 25,500 b 20,000 C 14,500 d 8,000 Unanswered Save
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