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Business, 07.03.2020 05:41 Tdhaynes7759

Uring the year, credit sales amounted to $ 840 comma 000. Cash collected on credit sales amounted to $ 790 comma 000, and $ 18 comma 000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent minus of minus sales method and applied a rate, based on past history, of 2.5%. The amount of bad debts expense for 2019 is

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Uring the year, credit sales amounted to $ 840 comma 000. Cash collected on credit sales amounted to...
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