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Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $64,000. If the balance of the Allowance for Doubtful Accounts is $9,000
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $64,000. If the balance of the Allowance for Doubtful Accounts is $9,000 debit before adjustment, what is the amount of bad debt expense for that period? 01) $52,000 O2) $64.000 3) $73,000 4) $55,000
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