Business
Business, 18.01.2020 06:31, elijahjacksonrp6z2o7

Weyawega company reported credit sales of $985,750 during 20x1. on december 31, 20x1, the company had gross accounts receivable of $450,000 and an $18,000 balance in the allowance for uncollectible accounts. the company esitmated bad debt expense at 2% of credit sales. based on this data, determine the bad debt expense that the company should report on the 20x1 income statement.

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Weyawega company reported credit sales of $985,750 during 20x1. on december 31, 20x1, the company ha...

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