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Accounts receivable at the end of the month are $1,000,000. Bad debts are expected to be 2.0% of accounts receivable. If allowance for doubtful accounts
Accounts receivable at the end of the month are $1,000,000. Bad debts are expected to be 2.0% of accounts receivable. If allowance for doubtful accounts has a credit balance of $15,000 before adjustment, the balance after adjustment is . Group of answer choices 5,000 15,000 20,000 10,000
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