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Acompany uses the percent of sales method to determine its bad debts expense. at the end of the current year, the company's unadjusted trial balance reported the following selected amounts:
accounts receivable $346,000 debit
allowance for uncollectible accounts 690 credit
net sales 791,000 credit
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Acompany uses the percent of sales method to determine its bad debts expense. at the end of the curr...
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