Question:Net sales for the month are $800,000 and bad debts are expected to be 1.5% of net sales. The company uses the percentage of sales basis.If the Allowance for Doubtful Accounts has a credit balance after adjustment? 

A $15,000 
B $27,000 
C $23,000 
D $31,000 

+ Answer
B 

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Md. Saydul Alam

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