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Question 13 (1 point) Sanderson Company has a credit balance of $6,000 in Allowance for Doubtful Accounts before adjustments are made. Based on an
Question 13 (1 point) Sanderson Company has a credit balance of $6,000 in Allowance for Doubtful Accounts before adjustments are made. Based on an aging of its accounts receivable at the end of the period, the company estimates that $80,000 of its receivable are uncollectible. What is the amount of bad debt expense that should be reported for this accounting period? a $86,000 b $80,000 $74,000 Od $6,000
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