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Question: Oddessy consulting has the following for year ended 12-31-09 before adjustments.
Accounts receivable
$ 330,000
Net Credit Sales
$1,200,000
备抵可疑accounts
$4,700 credit balance
Estimated percentage of Bad debts on credit sales
2%
Oddessy uses the net credit sales method of estimating bad debt expense. The journal entry for estimating bad debt expense at year end is:
A) Allowance for doubtful accounts 24,000Accounts Receivable 24,000
b)可疑帐户的津贴28,700Bad Debts Expense 28,700
C) Bad Debts Expense 28,700备抵可疑accounts 28,700
D) Bad Debts Expense 24,000备抵可疑accounts 24,000
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从母公司的角度来看,一个自身估值的外国项目将始终是有利可图的。对或错?解释。
Short Term Financial Policy
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