Business, 07.12.2019 04:31 cutecupcake678

According to research, only a small percentage of consumers have a more positive opinion of an organization when it supports causes they care about.

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On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?

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