Business, 10.04.2020 19:26 matt851062

Dean Art is a new business. During its first year of operations, credit sales were $41,000 and collections of credit sales were $34,000. One account, $725, was written off. Management uses the aging-of-receivables method to account for bad debts expense and estimated $500 as uncollectible at year end. The ending balance of the Allowance for Bad Debts is .

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Dean Art is a new business. During its first year of operations, credit sales were $41,000 and colle...

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