Using the aging method of accounts receivable method, $6,300 of the company's Accounts Receivable are...
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Accounting
Using the aging method of accounts receivable method, $6,300 of the company's Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $113,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $760. Credit sales during the year totaled $176,000. What is the current year's Bad Debt Expense? Multiple Choice $8,300. $5,540 $6,300 $9,060
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