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UPLOAD YOUR ANSWER AS A PDF FILE. The Broad Channel Company had a $500...

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Accounting

UPLOAD YOUR ANSWER AS A PDF FILE.
The Broad Channel Company had a $500 credit balance in Allowance for Doubtful Accounts at December 31,2022(this is the balance in the account before the current year's adjusting journal entry to record bad debts expense). An aging of the accounts receivable revealed the following:
\table[[Current Accounts,,\table[[Estimated %],[Uncollectible]]],[1-30 days past due,$130,000,3%
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