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Haven Company Uses the Percentage of Receivables Method for Recording

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Haven Company uses the percentage of receivables method for recording bad debt expense.The accounts receivable balance is $600,000 and credit sales are $2,700,000.Management estimates that 4% of accounts receivable will 1. Haven Company uses the percentage of receivables method for recording bad debt expense.The accounts receivable balance is $600,000 and credit sales are $2,700,000.Management estimates that 4% of accounts receivable will 1.

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