Business, 13.04.2021 02:10 kennakenken3

Sunland Company has outstanding accounts receivable totaling $1.28 million as of December 31 and sales on credit during the year of $6.36 million. There is also a debit balance of $6300 in the allowance for doubtful accounts. If the company estimates that 3% of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense?

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Sunland Company has outstanding accounts receivable totaling $1.28 million as of December 31 and sal...

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