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QUESTION 2 2020 Net credit sales $100,000 Estimate of doubtful debts 2% of net credit sales Allowance account credit balance $1,800 before the estimate was

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QUESTION 2 2020 Net credit sales $100,000 Estimate of doubtful debts 2% of net credit sales Allowance account credit balance $1,800 before the estimate was made Gross Accounts receivable $40,000 Required: Prepare the adjusting entry to record bad debts expense for 2020 using the percentage of sales method For the toolbar, press ALT F10 (PC) or ALTFN+F10 (Mac). BI VS Paragraph Arial 10pt A v In de P

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