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On December 31 of the current year, a company unadjusted trial balance included the following:accounts receivable,debit balance of 97,250, allowance for doubtful accounts credit balance
On December 31 of the current year, a company unadjusted trial balance included the following:accounts receivable,debit balance of 97,250, allowance for doubtful accounts credit balance of 951. What amount should be devoted to bad debts expense assuming 6% of outstanding accounts receivable at the end of the current year will be uncollectible?
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