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Your company uses the percentage of credit sales method for calculating bad debt expense. Historically the company's uncollectible accounts have during the period, of which
Your company uses the percentage of credit sales method for calculating bad debt expense. Historically the company's uncollectible accounts have during the period, of which $178,000 are on credit, the amount of bad debt expense that should be recorded for the period is: Multiple Choice is $12,960. is $10.680. is $38,000. cannot be determined from the information given.
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