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Waterway Co. provides for doubtful accounts based on 2% of gross accounts receivable. The following...

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Accounting

Waterway Co. provides for doubtful accounts based on 2% of gross accounts receivable. The following data are available for 2025.
What is the balance in Allowance for Doubtful Accounts at December 31,2025?
Allowance for doubtful accounts 12/31/25 $
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