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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: Reporting and Interpreting Sales Revenue,receivables,and Cash
  5. Question
    When Using the Percentage of Credit Sales Method,net Sales Multiplied
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When Using the Percentage of Credit Sales Method,net Sales Multiplied

Question 31

Question 31

True/False

When using the percentage of credit sales method,net sales multiplied by a historical percentage for credit losses equal bad debt expense.

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