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A company uses the aging of receivables method. During the year, the company recorded credit sales of $570,000, Before adjusting entries at year-end. the company

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A company uses the aging of receivables method. During the year, the company recorded credit sales of $570,000, Before adjusting entries at year-end. the company has accounts recelvable of $310,000, of which $52,000 is past due, and the allowance account had a credit balance of $2,900. The company expects it will not collect 8% of the amount not yet past due and 24% of the past due accounts. Which of the following adjusting entries will the company record at year-end? Muttole Cholce Option A Option 13 Cption C

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