Refer to the situation described inBE 7-8. Answer the two questions assuming the company estimates that future

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Refer to the situation described in BE 7-8. Answer the two questions assuming the company estimates that future bad debts will equal 10% of the year-end balance in accounts receivable.

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Intermediate Accounting

ISBN: 978-1260481952

10th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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