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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Piper, Inc. had credit sales for the period of $85,000. The balance in Allowance for Doubtful Accounts is a debit of $817. How much will the credit be to Allowance for Doubtful Accounts if Piper uses the percent of credit sales method of estimating uncollectible accounts and they estimate that 5% of credit sales will be uncollectible?
A) $3,433
B) $4,291
C) $5,067
D) $4,250
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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