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2- Required Saved Help Save & Exit 5 A company uses the percent of sales method to determine its bad debts expense. At the en


ired Saved Multiple Choice $1423 $5.230 $4,800 $3,910 $2,083
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Answer #1
Bad Debt expense should be debited by $ 4,800 (960,000 x 0.5% )
Correct answer is option 3 ( i.e. $4,800 ).
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