The following information is from the records of Prosser, Inc. for the year ended December 31, 2011.
If the basis for estimating bad debts is 1 percent of net sales, the correct amount of doubtful accounts expense for 2011 is
A) $22,800.
B) $23,200.
C) $28,880.
D) $34,880.
Correct Answer:
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