Refer to the data for Sliders Company.
The firm estimates that bad debts could be 1% of their net sales.
A What amount will Sliders Company recognize as bad debts expense for the year?
Once this calculation is recorded, assume that the company has a balance of Accounts
B Receivable of $58,700, and an Allowance for Doubtful Accounts of $800. What will be the net realizable value once the adjustment from Part A is made?

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The Answer of Refer to the data for Sliders Company.
The firm estimates that bad debts could be 1% of their net sales.
A What amount will Sliders Company recognize as bad debts expense for the year?
Once this calculation is recorded, assume that the company has a balance of Accounts
B Receivable of $58,700, and an Allowance for Doubtful Accounts of $800. What will be the net realizable value once the adjustment from Part A is made?

Refer to the Data for Sliders Company