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Question 4 1 pts The Allowance for Doubtful Accounts currently has a credit balance of $200. The company's management estimates that 2.5% of net credit

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Question 4 1 pts The Allowance for Doubtful Accounts currently has a credit balance of $200. The company's management estimates that 2.5% of net credit sales will be uncollectible. Net credit sales are $115,000. What will be the amount of Bad Debts Expense reported on the income statement? $3,275 $2,675 $3,075 $2,875

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