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Using the aging method of accounts receivable method, $7,100 of the companys Accounts Receivable are estimated to be uncollectible. At the end of the year,
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Using the aging method of accounts receivable method, $7,100 of the companys Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $121,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $920. Credit sales during the year totaled $192,000. What is the current years Bad Debt Expense
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$6,180.
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$10,020.
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$7,100.
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$9,100.
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