Question: Help Check my work 1 Logo 15 points M8-7 Estimating Bad Debts Using the Percentage of Credit Sales Method (LO 8-2) Assume Simple Co had

Help Check my work 1 Logo 15 points M8-7 Estimating Bad Debts Using the Percentage of Credit Sales Method (LO 8-2) Assume Simple Co had credit sales of $254,000 and cost of goods sold of $154,000 for the period. Simple uses the percentage of credit sales method and estimates that percent of credit sales would result in uncollectible accounts. Before the end of period adjustment is made the Allowance for Doubtful Accounts has a credit balance of $290. What amount of Bad Debt Expense would the company record as an end of period adjustment? Book Pint am

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