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Blossom Company has a credit balance of $3,500 in Allowance for Doubtful Accounts before ...

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Accounting

Blossom Company has a credit balance of $3,500 in Allowance for Doubtful Accounts before
adjustment. The total estimated uncollectibles under the percentage-of-receivables basis is
$5,880.
Prepare the adjusting entry to record bad debt expense. (Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no
entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
image

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