Question: the current debit allowances for doubtful debt The current debit balance in allowance for doubtful accounts is $150. Management estimates that 2% of net credit

the current debit allowances for doubtful debt The current debit balance

the current debit allowances for doubtful debt

The current debit balance in allowance for doubtful accounts is $150. Management estimates that 2% of net credit sales of $100,000 will be uncollectible. Based on the foregoing data, what is the bad debt expense balance on the income statement? O A. $2,000

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