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what is the bad debt expense b. At the end of January, $5,000 of accounts receivable are past due, and the company estimates that 50%

image text in transcribedwhat is the bad debt expense

b. At the end of January, $5,000 of accounts receivable are past due, and the company estimates that 50% or these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 2% will not be collected. No accounts were written off as uncollectible in January

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