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Harrison Harrison
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6 years ago
Using the aging-of-accounts-receivable method to estimate uncollectible receivables, CMU Corporation estimates that $3,750 of its accounts receivable will be uncollectible. Prior to adjustment, the Allowance for Uncollectible Accounts has a credit balance of $600. Bad debt expense to be reported on the income statement is:
A) $4,350
B) $3,750
C) $3,150
D) $600
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Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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