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Accounts receivable at the end of the month are $250,000. Bad debts are expected to be 4% of accounts receivable. If Allowance for Doubtful Accounts
Accounts receivable at the end of the month are $250,000. | |||||||
Bad debts are expected to be 4% of accounts receivable. | |||||||
If Allowance for Doubtful Accounts has a credit balance of $3,000 | |||||||
before adjustment, what is the balance after adjustment? |
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