ACC101_-_FA_2023_-_FE_978.webp
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ACC101_-_FA_2023_-_FE_978.webp

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(Choose 1 answer)
A company has sales of $350,000, Account Receivable of $50,000 and estimates that 0.7% of its sales are uncollectible. The estimated amount of bad debts expense is:
A. $350
B. $2,450.
C. $3,450.
D. $300
E. $530


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