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ABC Inc. estimated that $3,750 out of its $700,000 accounts receivable would become uncollectible in the future. Its balance of the allowance for doubtful accounts
ABC Inc. estimated that $3,750 out of its $700,000 accounts receivable would become uncollectible in the future. Its balance of the allowance for doubtful accounts was $2,000 before making period-end adjustments. How much bad debt expense should ABC Inc. recognize? O $0 $1,750 O $2,000 O $3,750
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