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A company has net credit sales of $750,000 for the year and it estimates that uncollectible accounts will be 3% of sales. If Allowance for

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A company has net credit sales of $750,000 for the year and it estimates that uncollectible accounts will be 3% of sales. If Allowance for Doubtful Accounts has a credit balance of $3,000 the adjustment to record bad debts for the period will require a: Select one: O a. credit to Allowance for Doubtful Accounts for $22,500. O b. credit to Allowance for Doubtful Accounts for $25,500. O c. debit to Bad Debt Expense for $19,500. O d. debit to Bad Debt Expense $25,500

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