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What is the amount of bad debt expense

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Question - Yellow Light Inc. had $44,000 in accounts receivable and $2,000 (credit) in allowance for doubtful accounts at the beginning of 2021. Total credit sales during 2021 was $85,500 and cash collected on accounts receivable was $68,500. Uncollectible amounts are expected to be 5% of outstanding accounts receivable at the end of 2021. What is the amount of bad debt expense to be recorded at the end of the period?

Reference no: EM133130890

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