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What is the amount of the bad debts expense adjusting entry

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Question - Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $112,500, allowance for doubtful accounts of $745 (credit) and sales of $965,000. If uncollectible accounts are estimated to be 0.9% of sales, what is the amount of the bad debts expense adjusting entry?

Reference no: EM132559221

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