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Accounts receivable has a balance of $750,000 and the Allowance for doubtful accounts has a debit balance of $600 at the end of the current

Accounts receivable has a balance of $750,000 and the Allowance for doubtful accounts has a debit balance of $600 at the end of the current year prior to adjustment. An analysis of Accounts Receivables using percentage of receivables indicates that $37,650 will be uncollectible. The adjusting entry using the percentage of receivables method would require a credit to:

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