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17) At the end of the current year, using the aging of accounts receivable method, management estimated that $18.750 of the accounts receivable balance would
17) At the end of the current year, using the aging of accounts receivable method, management estimated that $18.750 of the accounts receivable balance would be uncollectible. Prior to year-end adjustments, the Allowance for Doubtful Accounts had a credit balance of $405. What adjusting entry should the company make at the end of the current year record its estimated bad debts expense ?
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