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were $ 1 , 6 0 0 , 0 0 0 . If credit losses are estimated at 1 % of credit sales: Select one:

were $1,600,000.
If credit losses are estimated at 1% of credit sales:
Select one:
A. The balance of the Allowance for Doubtful Accounts will be $16,000 after adjustment
B. Bad Debts Expense for the year will be $22,000
C. The balance of the Allowance for Doubtful Accounts will be $22,000 after adjustment
D. The balance of the Allowance for Doubtful Accounts will be $10,000 after adjustment .
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