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upton upton
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7 years ago
On December 31, 2015, Landscape Pros had a balance in Accounts Receivable of $25,000. Net credit sales for the year were $400,000. The Allowance for Doubtful Accounts has a debit balance of $500. Journalize the recording of the bad debt expense under the income statement approach if 0.5% of net credit sales is deemed uncollectible.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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7 years ago
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