Question: If the bad debt expense is calculated at 3 % on net credit sales of $ 4 5 0 , 6 0 0 , (

If the bad debt expense is calculated at 3% on net credit sales of
$450,600,(income statement method), what will be the amount of
the adjusting entry for bad debt expense if the current balance of the
Allowance for Doubtful Accounts is a credit balance of $1,400?

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