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Allowance for Doubtful Accounts has a credit balance of $1,402 at the end of the year (before adjustment), and an analysis of customers' accounts indicates
Allowance for Doubtful Accounts has a credit balance of $1,402 at the end of the year (before adjustment), and an analysis of customers' accounts indicates uncollectible receivables of $19,750. Which of the following entries records the proper adjustment for bad debt expense? O a. debit Bad Debt Expense, $18,348; credit Allowance for Doubtful Accounts, $18,348 b. debit Allowance for Doubtful Accounts, $18,348; credit Bad Debt Expense, $18,348 O c. debit Allowance for Doubtful Accounts, $21,152; credit Bad Debt Expense, $21,152 O d. debit Bad Debt Expense, $21,152; credit Allowance for Doubtful Accounts, $21,152
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