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Question 32 3 pts History indicates that 4 % of a company's net sales are uncollectible. The balance of accounts receivables is $ 132,047.
Question 32 3 pts History indicates that 4 % of a company's net sales are uncollectible. The balance of accounts receivables is $ 132,047. The company sales are $ 902,016 and sales returns and allowances are 26,541. If Allowance for Doubtful Accounts has a $ 3,466 credit balance, the adjustment, rounding to the nearest one dollar, to record the estimate for bad debts for the period will require a credit to the Allowance of Doubtful Accounts of $
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