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Patriots uses the percent - of - receivables method to determine bad debts expense. Given...

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Accounting

Patriots uses the percent - of - receivables method to determine bad debts expense. Given the following information, determine the amount of bad debts expense.
Balance in Accounts Receivable
Balance in Allowance for Bad Debts (credit)
Net Credit Sales
Estimated percent of uncollectible receivables
$43,000
$200
$290,000
2%
A. $5800
B. $860
C. $660
D. $8600
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