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A company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis. Complete this question by entering

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A company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis. Complete this question by entering your answers in the tabs below. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts recelvable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $550 credit. c. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $300 debit. Show le! Journal entry worksheet Record estimated bad debts assumhg that Allowance for Doubtful Accounts has a $550 credit balance. Notei Enter debits before credits

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