The following information is for Choco, Inc. at the end of 2020. Net credit sales...
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The following information is for Choco, Inc. at the end of 2020. Net credit sales $17,733 Accounts receivable, 12/31/20 $8,000 Allowance for uncollectible accounts, 12/31/20 Credit of $200 Estimated uncollectible accounts per aging schedule at 12/31/20 is $384 The allowance for uncollectible accounts balance is before adjustment for uncollectible accounts for the current year. If the accounts receivable aging method is used to estimate bad debt expense, how much will Choco, Inc. report as bad debt expense for 2020?
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