Question: With this information provided part (B) asks, Assume that Mingenback Company estimates its bad debt expense based on 6% of accounts receivable. What amount of

estimates its bad debt expense based on 6% of accounts receivable. What

With this information provided part (B) asks, "Assume that Mingenback Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Migenback record if it has an Allowance for Doubtful Accounts credit balance of $3,000? Information related to Mingenback Company for 2019 is summarized below. Total credit sales Accounts receivable at December 31 Bad debts written off $2,500,000 875,000 33.000

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