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Calculate the Bad Debt Expense

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Question - Jay Inc. estimates uncollectible accounts using the percentage-of-receivables method and expects 6.5% of outstanding receivables will be uncollectible for 2016. The balance in Accounts Receivables is $303,800 and the Allowance for Doubtful Accounts has a balance of $6,800 before adjustments at year end. Calculate the Bad Debt Expense for 2016?

Reference no: EM132573053

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