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Business, 16.04.2021 01:00 Tyrant4life

uses the percentage of credit sales method to estimate Bad Debt Expense. The company reported net credit sales of $660,000 during the year. Real Hens of Reno has experienced bad debt losses of 3% of credit sales in prior periods. At the beginning of the year, Real Hens of Reno has a credit balance in its Allowance for Doubtful Accounts of $5,600. No write-offs or recoveries were recorded during the year. What amount of Bad Debt Expense should Real Hens of Reno recognize for the year

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