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Using the percentageofsales method, the estimated total uncollectible accounts are $7,022. The Allowance for Uncollectible...

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Question

Accounting

Using the

percentageofsales

method, the estimated total uncollectible accounts are

$7,022.

The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of

$3,035.

The Accounts Receivable balance is

$44,820.

The amount of the adjusting entry for

UncollectibleAccounts

Expense is:

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