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4 pts Eagle Corp. uses the percentage - of - credit sales method to estimate uncollectibles. Net credit sales for the current year amount to
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Eagle Corp. uses the percentageofcredit sales method to estimate uncollectibles. Net credit sales for the current year amount to $ and management estimates will be uncollectible. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $ After all adjusting entries are made, the balance in Allowance for Uncollectible Accounts will be:
$
$
$
$
None of the above.
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