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What amount of bad debt expense will FloorMart report

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Question - At December 31, 2019, retailer FloorMart had a balance of $330,400 in its Accounts Receivable account and a credit balance of $1,120 in its Allowance for Uncollectible Accounts account. The company analyzed and aged its accounts receivable and determined that the estimated amount of uncollectible accounts was $10,000. What amount of bad debt expense will FloorMart report in its 2019 income statement?

Reference no: EM132637050

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