Question 1(1 point) 1 Saved Maple Co. provides for bad debts...

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Accounting

Question 1(1 point)
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Maple Co. provides for bad debts expense at the rate of 2.35% of credit sales for the period. On Jan 1,201, the Allowance for Bad Debts was $9,000. There were $16,000 of accounts written off during the year. Credit sales for the year were $705,000.
What is this year's bad debt expense?
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