Business, 30.11.2019 01:31 Fabito9069

4. harney inc. uses the percentage of credit sales method of estimating doubtful accounts. the allowance for doubtful accounts has an unadjusted credit balance of $5,700 and the company had $290,000 of net credit sales during the period. harney has experienced bad debt losses of 6% of credit sales in prior periods. after making the adjusting entry for estimated bad debts, what is the ending balance in the allowance for doubtful accounts account?
a. $11,700.
b. $17,400.
c. $11,400.
d. $23,100.

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4. harney inc. uses the percentage of credit sales method of estimating doubtful accounts. the allow...

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