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11 D Question 18 2 pts A company has $85,000 in outstanding accounts receivable, and it uses the allowance method (balance sheet method) to account

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11 D Question 18 2 pts A company has $85,000 in outstanding accounts receivable, and it uses the allowance method (balance sheet method) to account for uncollectible accounts. Experience suggests that 5% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is an $1,800 credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for: O $4,400 O $2,800 O $3,600 O $3,568 O $2,450

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