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Y Company Obtained the Following Balances from Its Computerized Accounting

Question 94

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Y Company obtained the following balances from its computerized accounting information system at the end of the year before adjustments: Y Company obtained the following balances from its computerized accounting information system at the end of the year before adjustments: The company estimates that 20% of accounts receivable will be uncollectible.After the correct adjusting entry has been made,bad debts expense for the year will be: A) $5,100. B) $5,700. C) $5,400. D) $20,300. The company estimates that 20% of accounts receivable will be uncollectible.After the correct adjusting entry has been made,bad debts expense for the year will be:


A) $5,100.
B) $5,700.
C) $5,400.
D) $20,300.

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