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Sheffield Corp. unadjusted trial balance includes the following balances (assume normal balances): Bad debts are estimated to be 5% of outstanding receivables. What amount of

Sheffield Corp. unadjusted trial balance includes the following balances (assume normal balances): Bad debts are estimated to be 5% of outstanding receivables. What amount of bad debt expense will the company record? $35600 $34322$58178 $56500

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