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Business, 15.12.2020 16:50 ravenmcfarlandp07okx

Kirov, Inc. reports credit sales of $200,000 for the year ending December 31, 2015. The year- end unadjusted balance of its Allowance for Doubtful Accounts is a debit of $9,000 Experience suggests 6 percent of its net sales will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in its year- end adjusting entry is A. $3,000
B. $21,000
C. $9,000
D. $12,000
E. $23,000

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Kirov, Inc. reports credit sales of $200,000 for the year ending December 31, 2015. The year- end un...
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