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Given the following information, which is the ending balance in the allowance for doubtful accounts?...

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Accounting

Given the following information, which is the ending balance in the allowance for doubtful accounts?

- Company used percentage of credit sales method for simplicity.

- Beginning allowance account had $4,000.

- Sales for the period were $1,000,000. 25% of sales were paid for in cash.

- 3% of credit sales are deemed uncollectible.

- One account was written off for $1,000.

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