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At 1 January, Davidson Services has the following balances: Davidson has the following transactions during January: Credit sales of $80 000, collections of $76 000, and write- offs of $12 000. Davidson uses the direct write- off method. At the end of January, the balance in Bad debts expense is:
Online Training
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Action Learning
A learning approach that involves solving real-world problems through reflection and group collaboration, emphasizing learning by doing.
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