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Business, 27.03.2020 03:29 AM28

A company has ending accounts receivable of $600,000 and it estimates that uncollectible accounts will be 2% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of $1,000 prior to adjustment, bad debt expense will be a.$12,000. b.$11,000. c.$13,000. d. some other amount.

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