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Business, 26.11.2019 04:31 kromaug1517

Jack company provides for bad debts expense at the rate of 2% of credit sales. the following data are available for 2013:

allowance for doubtful accounts, 1/1/13 (cr.)
$ 12,000
accounts written off as uncollectible during 2013
9,000
credit sales in 2013
1,500,000

the allowance for doubtful accounts balance at december 31, 2013, should be:

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