Acct 291 Final Exam Essay Preview: Acct 291 Final Exam Report this essay ACC 291 Final Exam MULTIPLE CHOICE 1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use..
Acc 291 Final ExamEssay Preview: Acc 291 Final ExamReport this essayACC 291 Final ExamMULTIPLE CHOICE1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn.
