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Superior Company provided the following information before recording bad debt expense for the year: Net credit sales are $136,250. Historical percentage of uncollectible credit sales

Superior Company provided the following information before recording bad debt expense for the year: Net credit sales are $136,250. Historical percentage of uncollectible credit sales is 3%. Allowance for doubtful accounts balance is $400. Accounts receivables balance is $44,500. What is the bad debt expense using the percentage of credit sales method? Multiple Choice $4,488 $3,688. $1,335. $4.088

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