The Following Information Is from the 2017 Records of Armand

question 45

Multiple Choice

The following information is from the 2017 records of Armand Music Shop:

Bad debts expense is estimated by the percent-of-sales method.Management estimates that 6% of net credit sales will be uncollectible.Calculate the amount of bad debts expense for 2017.

• A)$10,680
• B)$8,100
• C)$12,180
• D)$9,180

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