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Question 4 of 31 View Policies Current Attempt in Progress Sheridan Corporation's unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable

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Question 4 of 31 View Policies Current Attempt in Progress Sheridan Corporation's unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable $858000 Allowance for Doubtful Accounts 16000 -13 Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? $16000 $50520 $51480 $35480 Save for Later !!! E Attempts: 0 of 1 used Submit Answer

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