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The Allowance for Bad Debts account has a credit balance of $2,000 before the adjusting entry for bad debt expense. The company's management estimates that 2% of net credit sales will be uncollectible for the year 2015. Net credit sales for the year amounted to $250,000. Give journal entry to record the bad debts expense at December 31, 2015.
Word Choice
The selection of specific words to effectively and precisely convey meaning in verbal or written communication.
Pregnancy Discrimination
Unfair treatment of a woman in the workplace due to her pregnancy, childbirth, or related medical conditions.
Discriminated
Treated unfairly or unfavorably because of certain distinguishing characteristics.
Lewd
Offensive in a sexual way; showing or intended to excite sexual desire or interest that is considered inappropriate.
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