darcyshay7771 darcyshay7771
  • 21-12-2022
  • Business
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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows accounts receivable of $116,500 and sales of $985,000. If uncollectible accounts are estimated to be 0. 6% of sales, what is the amount of the bad debts expense adjusting entry?.

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