Question: please help Question 13 O Mark this qu Consider the following information regarding the company's history: . Accounts Receivables total $950,000 . Estimates show that
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Question 13 O Mark this qu Consider the following information regarding the company's history: . Accounts Receivables total $950,000 . Estimates show that 4% of its receivables will be uncollectible . No balance in the Allowance account Using the allowance method, what is the correct amount of a company's bad debt expense for the year, given the above information? O $39,520 $36,480 $42,750 O $38,000 X I e WE P3
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