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Business, 19.02.2022 01:50 log3225

Collectibles, Inc. estimated that 2% of its $900,000 sales will be uncollectible and has a $2,000 credit balance in the allowance account. What amount will Collectibles, Inc. record as uncollectible-accounts expense for the period using the percent-of-sales method

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Collectibles, Inc. estimated that 2% of its $900,000 sales will be uncollectible and has a $2,000 cr...
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