Business, 23.04.2021 22:30 nathenq1839

Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $122,500. Historical percentage of credit losses is 4%. Allowance for doubtful accounts has a credit balance of $650. Accounts receivables ending balance is $52,000. What is the estimated bad debt expense using the percentage of credit sales method

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