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Tyco International estimates bad debt expense at 0.50% of credit sales. Tyco reported accounts receivable and allowance for uncollectible accounts of $483,000 and $1,610 respectively,
Tyco International estimates bad debt expense at 0.50% of credit sales. Tyco reported accounts receivable and allowance for uncollectible accounts of $483,000 and $1,610 respectively, at December 31, 2020. During 2021. Tyco's credit sales and collections were $326,000 and $313.000, respectively and $1,800 in accounts receivable were written off Tyco's 2021 bad debt expense is: Multiple Choice $1710 O $1630 $1,540 $1,565 None of these answer choices are correct
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