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Question 12 Clearwater Co. reported sales revenue of $5,400 in its income statement for the year ended Not yet December 31, 2019. The Accounts Receivable

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Question 12 Clearwater Co. reported sales revenue of $5,400 in its income statement for the year ended Not yet December 31, 2019. The Accounts Receivable account decreased from $1,300 to $1,200 during answered 2019. The Allowance for Uncollectible Accounts decreased by $250 during 2019. Cash collected Points out of from customers was $5,000. Clearwater Co. uses the allowance method for recording bad debts; 3.00 write-offs and year-end estimates are properly recorded. Bad Debt Expense for 2019 was: Flag question O a. $650 O b. $150 O c. $50 O d. $250 O e. $1,050

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