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Percentage of Credit Sales Method At December 31 , Garner has a $15,000 credit balance in its allowance for doubtful accounts. Garner estimates that 39%

Percentage of Credit Sales Method At December 31 , Garner has a $15,000 credit balance in its allowance for doubtful accounts. Garner estimates that 39% of its credit sales for the year will eventually default. During the year, Garner had credit sales of $970,000. Required: Estimate the bad debt expense under the percentage of credit sales method

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