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O The Allowance for Bad Debts account has a credit balance of $4.000 before the adjusting entry for bad debts expense. The company's management estimates

O The Allowance for Bad Debts account has a credit balance of $4.000 before the adjusting entry for bad debts expense. The company's management estimates that 2% of not credit sales will be uncollectible for the year 2019. Net credit sales for the year amounted to $280,000. What is the amount of Bad Debts Expense reported on the income statement for 20197 O A $5.600 OB. $2.800 OC. $9,800 OD. $1,600 Click to select your

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