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Purpose and Content of Financial Statements. ... 13. Walmart has $300,000 in total credit sales. They currently report $25,000 in gross accounts receivable and $500 in the Allowance for Doubtful Accounts. Bad debts are estimated at 3% of total credit sales. ... 04/26/2020 20:49:00 Last modified by: cmkubiak8@gmail.com ... ................
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