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Monday, January 6, 2014
Final Exam Acc291
|1)Â Hahn Company uses the percentage of sales method for recording grave debts expense. For the year, cash sales argon $300,000 and credit sales atomic number 18 | |$1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry give Hahn Company make to record the bad debts expense? | | | |A. | |[pic] | | | | air sick Debts Expense | |................ | |................
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