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P7.2 (LO3) Groupwork (Bad-Debt Reporting) The following are a series of unrelated situations. 1. Halen Company's unadjusted trial balance at December 31, 2019, included the
P7.2 (LO3) Groupwork (Bad-Debt Reporting) The following are a series of unrelated situations. 1. Halen Company's unadjusted trial balance at December 31, 2019, included the following accounts. Debit Accounts receivable $53,000 Allowance for doubtful accounts 4,000 Net sales Credit $1,200,000 Halen Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2019. P7.2 (LO3) Groupwork (Bad-Debt Reporting) The ffllowing are a series of unrelated situations. 1. Halen Company's unadjusted trial balance at December 31,2019 , included the following accounts. Halen Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2019
P7.2 (LO3) Groupwork (Bad-Debt Reporting) The following are a series of unrelated situations. 1. Halen Company's unadjusted trial balance at December 31, 2019, included the following accounts. Debit Accounts receivable $53,000 Allowance for doubtful accounts 4,000 Net sales Credit $1,200,000 Halen Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2019.
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