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(Solved by Expert Tutors) Pine Aviation begins business in 2013. During its first year its credit


estimated at 4% of credit sales. The next year, $10,000 of bad debts are written off and an additional $400,000 of credit sales are booked. How much is bad debt expense for 2013? What is the balance of the allowance for bad debts at the end of 2013?

 


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Apr 19, 2020

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