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Allowance for Doubtful Accounts has a credit balance of $2,300 before adjustment. (Credit account titles are automatically indented when the amount is entered. Do not

Allowance for Doubtful Accounts has a credit balance of $2,300 before adjustment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

Percentage-of-sales basis:

Percentage-of-receivables basis:

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