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Question 2 of 11 Milts inc has provided you with the following information for the year ended December 31,2017 - Net credit sales are $218,000

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Question 2 of 11 Milts inc has provided you with the following information for the year ended December 31,2017 - Net credit sales are $218,000 for the year - Based on historical data, management expects that 2 . 0 : of credit sales will be uncollectible - Based on historical data, management expects that 3.05 of outstanding receivables will be uncollectible - Allowance for Doubtful Accounts (XA) has a credit balance of $450 at January 1,2017. - Accounts Recervable (A) has a debit balance of $59,000 at December 31,2017 - Mills inc wrote off $1,800 of Accounts Receivable as uncollectible. Estimate Bad Debt Expense for 2017 using the percentage of ereditsales method. Round your answer to the nearest dollar, $ Estimate Bad Debt Expense for 2017 using the aging of reccivables method Aound your answer to the nearest dollar. $ Question 2 of 11 Milts inc has provided you with the following information for the year ended December 31,2017 - Net credit sales are $218,000 for the year - Based on historical data, management expects that 2 . 0 : of credit sales will be uncollectible - Based on historical data, management expects that 3.05 of outstanding receivables will be uncollectible - Allowance for Doubtful Accounts (XA) has a credit balance of $450 at January 1,2017. - Accounts Recervable (A) has a debit balance of $59,000 at December 31,2017 - Mills inc wrote off $1,800 of Accounts Receivable as uncollectible. Estimate Bad Debt Expense for 2017 using the percentage of ereditsales method. Round your answer to the nearest dollar, $ Estimate Bad Debt Expense for 2017 using the aging of reccivables method Aound your answer to the nearest dollar. $

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