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Allowance for Doubtful Accounts has a credit balance of $634 at the end of the year (before adjustment), and bad debt expense is estimated at

Allowance for Doubtful Accounts has a credit balance of $634 at the end of the year (before adjustment), and bad debt expense is estimated at 3% of sales. If credit sales are $559,600, the amount of the adjusting entry to record the estimated uncollectible accounts receivable is a. $16,788 b. $17,422 c. $634 d. $16,154

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