On December 31: Sales are $2,250,000, Accounts Receivable is $894,000, and the Allowance for Bad...
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Accounting
On December 31: Sales are $2,250,000, Accounts Receivable is $894,000, and the Allowance for Bad Debts is $11,600 credit Under the allowance method, if bad debts are estimated at 4% of net sales, what amount of bad debts expense will be recorded on December 31?
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