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What bart report allowance for doubtful accounts balance

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Question - The unadjusted trial balance of Bart Company at December 31, 2005, included the following accounts:

Debit Credit

Allowance for doubtful accounts 16,000

Sales 7,225,000

Sales returns and allowances 125,000

Bart estimates its uncollectible receivables at 2% of net sales. For 2005, what Bart should report allowance for doubtful accounts balance?

Reference no: EM132874218

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