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  3. and sales for the year total $51,850,000. bad debt

and sales for the year total $51,850,000. Bad Debt Expense is estimated at 1/4 of...

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Accounting

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and sales for the year total $51,850,000. Bad Debt Expense is estimated at 1/4 of 1% of sales. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubiful Accounts, and Bad Debt Expense Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense 110.000 1,205,000 X

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