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What is the bad-debt expense balance on the income statement

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Question - The current debit balance in allowance for doubtful accounts is $150. Management estimates that 2% of net credit sales of $100,000 will be uncollectible. Based on the foregoing data, what is the bad-debt expense balance on the income statement?

A) $2,150

B) $1,850

C) $3,150

D) $2,000

Reference no: EM132508841

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