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Saturday, August 10, 2013
Final Exam Acc291
|1)Â Hahn Company uses the percentage of gross revenue method for laying unrelenting debts expense. For the year, cash sales argon $300,000 and credit sales be | |$1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry mercantile establishment Hahn Company make to record the bad debts expense? | | | |A. | |[pic] | | | | sinister Debts Expense | |................ | |................
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