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accural of interest expe X Calculator AT&U Company Data for the year ended December 31 are presented below: Sales (credit) Sales returns and allowances Accounts

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accural of interest expe X Calculator AT&U Company Data for the year ended December 31 are presented below: Sales (credit) Sales returns and allowances Accounts Receivable (December 31) Alowance for Doubtful Accounts (Before adjustment at December 31) Estimated amount of uncollected accounts based on aging analysis $2,500,000 50,000 640,000 20,000 45,000 Refer to ATAU company. If the company estimates its bad debt to be 2% of net credit sales, what will be the balance in the Allowance for Doubtful Accounts account after the adjustment for bad debts? a $69,000 b. 549,000 Cc. $19,000 d. $20,000 Previous Next > All work saved. Submit Test for Grading

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