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5.Aaron Servicing showed the following partial unadjusted results at October 31, 2020, its year- end: Account Debit Credit 1,660,00 0 Sales $ $ 149,00 0

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5.Aaron Servicing showed the following partial unadjusted results at October 31, 2020, its year- end: Account Debit Credit 1,660,00 0 Sales $ $ 149,00 0 Accounts receivable Allowance for doubtful accounts 3,200 Required: a. Assuming Aaron estimates bad debts to be 1.5% of sales, prepare the adjusting entry at October 31, 2020. b. Show how accounts receivable would be shown on the October 31, 2020, balance sheet using your calculations in (a)

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