The allowance for bad debts account has a credit balance of $2000 the company's management...
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Accounting
The allowance for bad debts account has a credit balance of $2000 the company's management estimates that 2% of net credit sales will be uncollectable for the year 2015 net credit sales for the year amounted to $250,000 what will be the amount of bad debt expense reported on the income statement for 2015
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