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The following are a series of unrelated situations. Answer the questions relating to each of...

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Accounting

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The following are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested 1. Sunland Company's unadjusted trial balance at December 31, 2020, included the following accounts. Credit Accounts receivable Allowance for doubtful accounts Net sales Debit $54,100 7,320 $1.279.700 Sunland Company estimates its bad debt expense to be 5% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020 $

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