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Allowance for Doubtful Accounts has a credit balance of $653 at the end of the year before adjustment), and an analysis of accounts in the

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Allowance for Doubtful Accounts has a credit balance of $653 at the end of the year before adjustment), and an analysis of accounts in the customer ledger indicates the estimated amount of uncollectible accounts should be $15,409. Based on this estimate, which of the following adjusting entries should be made? a debit Bad Debt Expense, 514,756; credit Allowance for Doubtful Accounts, 514,756 b. debit Allowance for Doubtful Accounts, 5653, credit Bad Debt Expense, 5653 c. debit Bad Debt Expense, 5653, credit Allowance for Doubtful Accounts, 5653 d. debit Allowance for Doubtful Accounts, $16,062, credit Bad Debt Expense, 516,002

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