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Allowance for Doubtful Accounts has a debit balance of $565 at the end of the year (before adjustment), and Bad Debt Expense is estimated at

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Allowance for Doubtful Accounts has a debit balance of $565 at the end of the year (before adjustment), and Bad Debt Expense is estimated at 1% of sales. If net sales are $975, 100, the amount of the adjusting entry to record the estimate of the uncollectible accounts is O $10,316 O $565 O $9,186 O $9,751

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