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Allowance for Doubtiul Accounts has a credit balance of $548 at the end of the year (before adjustenent), and an analysis of accounts in the
Allowance for Doubtiul Accounts has a credit balance of $548 at the end of the year (before adjustenent), and an analysis of accounts in the custorner ledget. indicates the estimated amount of uncollectible accounts should be $14,872. Based on this estimate, which of the following adjusting entries should be made? a. debit Allowance for Doubtful Accounts, 5548 i credit Bad Debt Expense, 5548 b. debit Bad Debt Expenie, $14,324; credit Allowance for Doubtful Accounts, 514,324 c. debit Bad Debt Expente, 5548 icredit Allowance for Doubaful Acrounts, 5548 d. deblt Allowance for Doubtful Accounts, 515,420 ; cedit Bad Dett Expense, $15,420
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