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April 27, 2015

Homework Help: math

Posted by vivian on Monday, November 1, 2010 at 10:38pm.

Information related to Hermesch Company for 2011 is summarized below.

Total credit sales $2,200,000
Accounts receivable at December 31 825,000
Bad debts written off 33,000

What amount of bad debts expense will Hermesch Company report if it uses the direct writeoff method of accounting for bad debts?

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