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Allowance for Doubtful Accounts has a debit balance of $417 at the end of the year (before adjustment), and Bad Debt Expense is estimated at
Allowance for Doubtful Accounts has a debit balance of $417 at the end of the year (before adjustment), and Bad Debt Expense is estimated at 4% of credit sales. If credit sales are $896,900, the amount of the adjusting entry for uncollectible accounts is
a.$35,876
b.cannot determine without more information
c.$36,293
d.$35,459
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