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If Allowance for Doubtful Accounts has a credit balance of $3,100 in the trial balance,...

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Accounting

If Allowance for Doubtful Accounts has a credit balance of $3,100 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 10% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
Bad Debt Expense
q,
image

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