Business, 26.11.2020 22:10, brucewayne8499

ABC company had 8,000 in accounts receivable on Dec. 31, 2019. However, the company estimated that 2,000 of them would become bad debt. The company recorded the 2,000 as bad debt. What is the impact on the financial statement?

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ABC company had 8,000 in accounts receivable on Dec. 31, 2019. However, the company estimated that 2...