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Thompson Industries determines its provision for uncollectible accounts by applying an estimated loss percentage of 1 percent to net credit sales. In 2 0 X
Thompson Industries determines its provision for uncollectible accounts by applying an estimated loss percentage of percent to net credit sales. In X net credit sales were $ Prior to the adjusting entry, Allowance for Doubtful Accounts contained a credit balance of $ How much will be charged to Uncollectible Accounts Expense in X
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