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please hurry Warren Company has a balance in Accounts Receivable at December 31, 2020 of $500.000 and the company estimates 8% of Accounts Receivable will
please hurry
Warren Company has a balance in Accounts Receivable at December 31, 2020 of $500.000 and the company estimates 8% of Accounts Receivable will eventually become uncollectible. If the balance in the Allowance for Doubtful Accounts on December 31, 2020 before adjustment is a debit balance of $1.000, what would be the amount of Warren's adjusting entry for Bad Debts Expense on December 31, 2020? $40.000 $39.000 A $41.000 542.000 Step by Step Solution
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