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Business, 09.04.2021 01:30 NeonPlaySword
During its first year of operations, Mack's Plumbing Supply Co. had sales of $580,000, wrote off $9,300 of accounts as uncollectible using the direct write-off method, and reported net income of $63,800. Determine what the net income would have been if the allowance method had been used, and the company estimated that 2.5% of sales would be uncollectible. $ fill in the blank 1
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During its first year of operations, Mack's Plumbing Supply Co. had sales of $580,000, wrote off $9,...
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