sciencecool6951 sciencecool6951
  • 21-12-2022
  • Business
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the allowance for bad debts account has a credit balance of $2,000. the company's management estimates that 2% of net credit sales will be uncollectible for the year 2015. net credit sales for the year amounted to $250,000. what will be the amount of bad debts expense reported on the income statement for 2015?

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