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The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its debts expense reports the following selected
The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its debts expense reports the following selected amounts: Accounts receivable Allowance for Doubtful Accounts Net Sales $ 443, 000 Debit 1,330 Credit 2, 180, eee Credit All sales are made on credit. Based on past experience, the company estimates 4.0% of ending account receiv uncollectible. What adjusting entry should the company make at the end of t expense? able to be he current year to record its estimated bed debts Multiple Chaice
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