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ADED EXAM 2 (100 POINTS) Question 32 of 43 > -/2 Mew Policies Current Attemptin Progress Waterway Company has a debit balance of 55150 in

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ADED EXAM 2 (100 POINTS) Question 32 of 43 > -/2 Mew Policies Current Attemptin Progress Waterway Company has a debit balance of 55150 in its Allowance for Doubtful Accounts before any adjustments are made at the end of the year. Based on review and aging of its accounts receivable at the end of the year. Waterway estimates that 570900 of its receivable are uncollectible. The amount of bad debt expense which should be reported for the year is: O $70900 $5150 O $65750 576050 Attempts: 0 of lused

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