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Tanning Company analyzes its receivables to estimate bad debt expense. The counts receivable balance is $390,000 and credit sales are $1,300,000. An aina of accounts
Tanning Company analyzes its receivables to estimate bad debt expense. The counts receivable balance is $390,000 and credit sales are $1,300,000. An aina of accounts receivable shows that approximately 5 of the outstanding receivables will be uncollectible. What adjusting or try wil Tanning Company make Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? Bad Debt Expense 19,500 Allowance for Doubtful Accounts 19,500 b. Bad Debt Expense 65,000 Allowance for Doubtful Accounts 65,000 C Bad Debt Expense 22.000 Allowance for Doubtful Accounts 22,000 d. Bed Debt Expense 17,000 Allowance for Doubtful Accounts 17,000
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