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Kill Corporation's Unadjusted Trial Balance Includes the Following Balances (Assume

Question 115

Multiple Choice

Kill Corporation's unadjusted trial balance includes the following balances (assume normal balances) : Kill Corporation's unadjusted trial balance includes the following balances (assume normal balances) : Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? A) $15,000 B) $36,000 C) $50,100 D) $51,000 Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record?


A) $15,000
B) $36,000
C) $50,100
D) $51,000

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