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Accounts Receivable Year-End Allowance Prior to recording the recovery and collection of a $1.200 account receivable previously written off and the adjusting entry for bad

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Accounts Receivable Year-End Allowance Prior to recording the recovery and collection of a $1.200 account receivable previously written off and the adjusting entry for bad debt expense for the year, the general ledger reflected the following information: Prepare the adjusting entry for bad debts assuming it is based on 3.4% of the ending accounts receivable

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