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ORTON PRINTER VERSION Information related to Mingenback Company for 2015 issummarized below. Total credit sales $2,470,000 Accounts receivable at 31 920,000 Bad debts written off

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ORTON PRINTER VERSION Information related to Mingenback Company for 2015 issummarized below. Total credit sales $2,470,000 Accounts receivable at 31 920,000 Bad debts written off Ca) what amount of bad debt expense wwi Mingenback company report rit uses the dinect write-om method of accounting for bad debts? (b) Assume that Mingenback company estimates its bad debt expense to be 2% of credit sales. What amount of bad debt expense won Mingenback record it has an Awawance for Doubtful Accounts credit balance of s4.300? s (c) Assume that Mingenback Company estimates its bad debt expense based on s% of accounts receivable, what amoune of ead debt expense will Mingentack record ir t Nas an Ausewance mr Doubtful Accounts credit balance of s3.300? s Od) Assume that Mingenback Company estimates its bad debt expense based on sw of accounts receivable. what amount of bad debt expense will Mingenback record ir e has an Allowance for Doubtful Accounts debit balance of $3,300? s By accessing this Queston Assistance, you wa learn while you earn Doints based on the Point Patential Poscy set bv your instructor Bann Maximums Points available only ir vou aivts Reserved

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