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Allowance for Doubtful Accounts has a debit balance of $500 at the end of the...

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Accounting

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Allowance for Doubtful Accounts has a debit balance of $500 at the end of the year before adjustment estimate of the uncollectible accounts Oa. is $34,220 b. is $35,220 c. is $34,720 and bad de and bad debt expense is estimated at 4% of credit sales. If credit sales are s868 000, the omount of the adjusting entry to record the d, is 5500

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