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Multiple Choice Question 84 Bramble Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $612000 and

Multiple Choice Question 84 Bramble Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $612000 and credit sales are $2660000. Management estimates that 4% is the sales percentage to use. What adjusting entry will Bramble Company make to record the bad debts expense? Bad Debt Expense 106400 Allowance for Doubtful Accounts 106400 Bad Debt Expense 24480 Allowance for Doubtful Accounts 24480 Bad Debt Expense 106400 Accounts Receivable 106400 Bad Debt Expense 24480 Accounts Receivable 24480 Click if you would like to Show Work for this question: Open Show Workimage text in transcribed

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