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Business, 08.04.2021 16:50 Joustian

riole Company has outstanding accounts receivable totaling $6.45 million as of December 31 and sales on credit during the year of $24.7 million. There is also a credit balance of $11500 in the allowance for doubtful accounts. If the company estimates that 5% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense recognized for the year

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riole Company has outstanding accounts receivable totaling $6.45 million as of December 31 and sales...
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