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The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,400. . The accounts receivable balance at
The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,400. . The accounts receivable balance at the beginning of the year was $240,000. The accounts receivable balance at the end of the year was $300,000. The allowance for doubtful accounts balance at the beginning of the year was $14,900. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,800. Credit sales during the year totaled $945,000. . How much was CHS Company's bad debt expense? Multiple Choice $14,900 $11,300. $12,400 $13,800
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