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Phil also tried to work out the balance in his allowance account if the Nets Sales method had been used. Phil has worked out his

Phil also tried to work out the balance in his allowance account if the Nets Sales method had been used. Phil has worked out his net sales were 15,800 and wants to use a rate of 6%. Using this information work out what the balance in the allowance for doubtful debts account would be assuming Phil was incorrect previously and the current balance is actually a $650 Dr.

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