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Using the percent of receivables method to determine the company's bad debts expense. At the end of the current year, the company's unadjusted trial balance

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Using the percent of receivables method to determine the company's bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: All sales are made on credit. Based on past experience, the company estimates that 4% of accounts receivable balance are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared

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