Question: Help me! I couldnt answer this question please! Thank you value 2.00 points M8-8 Estimating Bad Debts Using the Aging Method [LO 8-2] Assume that
value 2.00 points M8-8 Estimating Bad Debts Using the Aging Method [LO 8-2] Assume that Simple Co had credit sales of $255,000 and cost of goods sold of $155,000 for the period Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for. Doubtful Accounts is $3,500 Before the end-of- period adjustment is made, the Alowance for Dbtul Accounts has a credit balance of $300 What amount of Bad Debt Expense would the company record as an end-of-period adjustment? ad Debt Expense
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