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The following accounts were abstracted from Todd Company's unadjusted trial balance at December 31: Todd Company estimates that 2% of net credit sales will become

The following accounts were abstracted from Todd Company's unadjusted trial balance at December 31: Todd Company estimates that 2% of net credit sales will become uncollectible. After adjustment at December 31 , the Bad Debt Expense should have a balance of: Select one: a. $26,000 b. $60,000 c. $70,000 d. $32,000 e. $86,000

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