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The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,800. The accounts receivable balance at the
The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,800. The accounts receivable balance at the beginning of the year was $280,000. The accounts receivable balance at the end of the year was $340,000. The allowance for doubtful accounts balance at the beginning of the year was $15,300. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,200. Credit sales during the year totaled $965,000. How much was CHS Company's bad debt expense? $14,200. $15,300. $11,700. O $12,800
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