Digiforward had $300,000 of cash sales and $1,200,000 of credit sales this year. The company expects 2%

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Digiforward had $300,000 of cash sales and $1,200,000 of credit sales this year. The company expects 2% of credit sales to be uncollectible and has a $5,000 credit balance in the allowance for doubtful accounts at the end of the year. Calculate Digiforward's bad debt expense this year. $29,000 $ 24,000 $ 19,000. $30,000

Posted Date: May 18, 2024 08:07 AM

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Digiforward had $300,000 of cash sales and $1,200,000 of credit sales this year. The company expects 2%

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