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The Following Information Is from the 2017 Records of Robin

question 87

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The following information is from the 2017 records of Robin Antique Shop: The following information is from the 2017 records of Robin Antique Shop: Bad debts expense is estimated by the percent-of-sales method. Management estimates that 3% of net credit sales will be uncollectible. The ending balance of the Allowance for Bad Debts account after adjustment will be ________. A) $6,550 B) $4,730 C) $7,330 D) $3,950 Bad debts expense is estimated by the percent-of-sales method. Management estimates that 3% of net credit sales will be uncollectible. The ending balance of the Allowance for Bad Debts account after adjustment will be ________.

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