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Iz Co uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has an unadjusted creditu belande of $6.500
Iz Co uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has an unadjusted creditu belande of $6.500 and the company had $330,000 of net credit sales during the period XYZ has experienced bad debt losses of 6% of credit sales in prior periods. After making the adjusting entry for estimated bad debts, what is the ending balance in the Allowance for Doubtful Accounts account? 513.300 $26,300 $13.000 $19.800
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