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Business, 11.05.2021 23:50 RoyalGurl01

Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $131,750. Historical percentage of credit losses is 3%. Allowance for doubtful accounts has a credit balance of $400. Accounts receivables ending balance is $43,500. What is the estimated bad debt expense using the percentage of credit sales method

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