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The balance of the Allowance for Doubtful Accounts at the beginning of the period was...

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Accounting

The balance of the Allowance for Doubtful Accounts at the beginning of the period was $17,000. Uncollectible accounts of $8,000 were written off during the period Based on sales during the period, bad debt expense was estimated to be $12000. After recording appropriate journal entries, what is the correct adjusted balance of the Allowance for Doubtful Accounts? $21,000

$37,000

$13,000

$20,000

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