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A company has $324,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has

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A company has $324,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has an $8, 160 debit balance. If the company estimates 4% of credit sales will be uncollectible. what will be the amount of the journal only to record estimated uncollectible accounts? A. $21, 120 B. $8, 160 C. $4, 800 D. $12, 960

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