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The Following Information Is from the 2017 Records of Robin

Question 24

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The following information is from the 2017 records of Robin Antique Shop:
The following information is from the 2017 records of Robin Antique Shop: Bad debts expense is estimated by the percent-of-sales method.Management estimates that 3% of net credit sales will be uncollectible.The ending balance of the Allowance for Bad Debts account after adjustment will be ________. A) $6,550 B) $4,730 C) $7,330 D) $3,950
Bad debts expense is estimated by the percent-of-sales method.Management estimates that 3% of net credit sales will be uncollectible.The ending balance of the Allowance for Bad Debts account after adjustment will be ________.


A) $6,550
B) $4,730
C) $7,330
D) $3,950

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