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The December 31 Trial Balance of Humming Company Included the Following

Question 48

Multiple Choice

The December 31 trial balance of Humming Company included the following accounts: The December 31 trial balance of Humming Company included the following accounts:   If it is estimated that 1 percent of the net sales is uncollectible, the entry to record the estimate of bad debts would include a debit to Bad Debt Expense for A)  $2,000 B)  $1,130 C)  $3,250 D)  $3,130 If it is estimated that 1 percent of the net sales is uncollectible, the entry to record the estimate of bad debts would include a debit to Bad Debt Expense for


A) $2,000
B) $1,130
C) $3,250
D) $3,130

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