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Problem 5 The following accounts were taken from Assistance, Inc.'s trial balance at December 31, 2018. Debit Credit Net credit sales $825,000 Allowance for doubtful
Problem 5 The following accounts were taken from Assistance, Inc.'s trial balance at December 31, 2018. Debit Credit Net credit sales $825,000 Allowance for doubtful accounts $ 15,400 Accounts receivable $451,000 If doubtful accounts are 2% of accounts receivable, determine the bad debt expense to be reported for 2018
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