Business, 15.10.2019 23:30 juiceyj9811
Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted trial balance shows accounts receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. if uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? a. $4,625 b. $3,960 c. $5,290 d. $4,750 e. $4,825 57,1 17.
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Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted t...
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