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Using the allowance method, the uncollectible accounts for the year are estimated to be $47000....

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Accounting

Using the allowance method, the uncollectible accounts for the year are estimated to be $47000. If the balance for the Allowance for Doubtful Accounts is a $7900 credit before adjustment, what is the balance after adjustment?

A. $54900

B.

$7900

C.

$39100

D.

$47000

Please show me how you got the answer.

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