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Allowance for Doubtful Accounts has a credit balance of $460 at the end of the year (before adjustment), and bad debt expense is estimated at

Allowance for Doubtful Accounts has a credit balance of $460 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of net sales. If net sales are $666,297, the amount of the adjusting entry to record the estimated uncollectible accounts receivables is

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$460
$13,326
$12,866
$13,786

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