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28. on November 30 before adjustment, accounts receivable has a balance of $25,000 and allowance for doubtful accounts has a credit balance of $4,000. Bad

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28. on November 30 before adjustment, accounts receivable has a balance of $25,000 and allowance for doubtful accounts has a credit balance of $4,000. Bad debt for the year as determined 12% percentage of sales method is $1,000, which of the following statements is correct? a) The balance in accounts receivable after adjustment is $26,000 b) The balance in the allowace of doubtful accounts after adjustment is $1,000 credit c) d) The entry to record the adjustment at year end includes a debit to bad debt expense The entry to record the adjustment at year end includes a debit to allowance for doubtful accounts

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