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Allowance for Doubtful Accounts has a debit balance of $1,607 at the end of the year (before adjustment), and an analysis of customers' accounts indicates
Allowance for Doubtful Accounts has a debit balance of $1,607 at the end of the year (before adjustment), and an analysis of customers' accounts indicates uncollectible receivables of $12,087. Which of the following entries records the proper adjustment for bad debt expense? Oa. debet Allowance for Doubtful Accounts, $13,694, credit Bad Debe Expense $13,094 Ob. hit Bad Debe Expense, $134, credit Allowance for Doubtful Accounts, $13,94 Oc. debit Bad Debs Expense, $10,480, credin Allowance for Doubtful Accounts, $10,480 Od, dehit Allowance for Doubtful Accounts, $10,480, credit Bad Debe Expense, $10,480
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