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please show work Saved Asay Company has provided you with the following information for 2017: 5 . . . Net credit sales are $126,000 for
please show work
Saved Asay Company has provided you with the following information for 2017: 5 . . . Net credit sales are $126,000 for 2017 Historical percentage of accounts receivable estimated to be uncollectible is 5% Allowance for doubtful accounts has a beginning credit balance of $1,000 Accounts receivable has an ending balance of $52,000 Write-offs during 2017 were $1,200 . . k What is the estimated BAD DEBT EXPENSE for 2017 using the aging of accounts receivable method? $6,300 $2,600 $1,200 $6,500 $2,800 $3,600 Step by Step Solution
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