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An aging of a company's accounts receivable indicates that $11,000 is estimated to be uncollectible. If the Allowance for Doubtful Accounts has a $1,600 debit

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An aging of a company's accounts receivable indicates that $11,000 is estimated to be uncollectible. If the Allowance for Doubtful Accounts has a $1,600 debit balance, the adjustment to record bad debts for the period will require a debit to Bad Debts Expense for $12,600. debit to Bad Debts Expense for $11,000. debit to Allowance for Doubtful Accounts for $11,000. debit to Bad Debts Expense for $9.400. Angus Corp. acquires land for $105,000 cash. Additional costs are as follows: Removal of shed $ 500 Filling and grading $3,200 Residual value of lumber from shed $150 Paving of parking lot $16,000 Closing costs $1,350 Angus will record the cost of the land as $126,200. $109,400. $105.000. $109.900. All of the following bank reconciliation items would require an adjusting entry on the depositor's books except a customer's NSF cheque. deposits in transit. interest earned. a bank service charge

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