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Solo Leveling Inc. believes that 8% of their accounts receivable will be uncollectable. What would they record as their bad debt expense for the period?

Solo Leveling Inc. believes that 8% of their accounts receivable will be uncollectable. What would they record as their bad debt expense for the period?

Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

a

36,000

b

9,000

c

27,000

d

45,000

Question 7

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Solo Leveling Inc. believes that 8% of their accounts receivable will be uncollectable. What would they record as their ending balance for the Allowance for Doubtful Accounts?

Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

a

36,000

b

9,000

c

27,000

d

45,000

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