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Star Enterprises uses the aging of accounts receivable method. The following information comes from its accounting records: Cash sales Credit sales Total sales Credit balance
Star Enterprises uses the aging of accounts receivable method. The following information comes from its accounting records: Cash sales Credit sales Total sales Credit balance in the Allowance for Doubtful Accounts Estimated uncollectible accounts receivables $ 400,000 1,600,000 2,000,000 10,000 38,000 What is the estimate of bad debt expense
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