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What is the estimated amount of Bad Debt Expense

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Question - Jensen Company uses the percentage of credit sales method for calculating Bad Debt Expense. The company reported $216,000 in total sales during the year; $178,000 of which were on credit. Jensen estimates that 6% of credit sales will be uncollectible. What is the estimated amount of Bad Debt Expense for the year?

Reference no: EM132591198

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