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Roberts Co. ends the year with accounts receivable of 100,000. They estimate that 8% will be uncollectible and the allowance for doubtful accounts has a
Roberts Co. ends the year with accounts receivable of 100,000. They estimate that 8% will be uncollectible and the allowance for doubtful accounts has a $6,000 credit balance. What is the amount of bad debt expense? You must show work to receive credit for this problem.
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