Business, 26.07.2019 02:20 CAPEPOPPA

During 2017, vlad company has credit sales of $100,000. on december 31, 2017 vlad has a balance in accounts receivables of $45,000. vlad estimates that 3% of credit sales will be uncollectable. what is the adjusting journal entry that vlad should make based on this information? debit bad debt expense $45,000; credit allowance for doubtful accounts $45,000 debit bad debt expense $3,000; credit allowance for doubtful accounts $3,000 debit allowance for doubtful accounts $1,350; credit bad debt expense $1,350 debit bad debt expense $3,000; credit accounts receivable $3,000 3 points question 2

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During 2017, vlad company has credit sales of $100,000. on december 31, 2017 vlad has a balance in a...

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