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12. MC.09-79.Algo (Algorithmic) An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $4,367. If Allowance for Doubtful Accounts has
12. MC.09-79.Algo (Algorithmic) An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $4,367. If Allowance for Doubtful Accounts has a $1,255 credit balance, the adjustment to record the bad debt expense for the period will require a debit to Bad Debt Expense for $3,112. debit to Bad Debt Expense for $5,622 credit to Allowance for Doubtful Accounts for $1,255 debit to Bad Debt Expense for $4,367
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