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If bad debts are estimated at 4 of net sales under the

Problem - On December 31: Net Sales are $2,250,000, Accounts Receivable is $894,000, and the Allowance for Bad Debts is $15,100 debit. If bad debts are estimated at 4% of net sales, under the allowance method, what amount of bad debts expense will be recorded on December 31?

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