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The allowance for bad depts account has a credit balance of 3,000 before the adjusting entry for bad depts. the companys management estimates the 5%
The allowance for bad depts account has a credit balance of 3,000 before the adjusting entry for bad depts. the companys management estimates the 5% of net credit sale will be uncollectible for the year 2017 new credit sale for the year amounted to 290,000 the amount of bad depts expense reported on the income statement reported on the oncomes statement for 2017 is...........?
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Principles Of Corporate Finance
Authors: Richard A Brealey, Stewart C Myers, Franklin Allen
8th Edition
0073130826, 9780073130828
