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An aging of Driscoll Co's accounts receivable indicates the estimate of uncollectible receivables totals 58,500. If Allowance for Doubtful Accounts has a $1,300 credit balance,

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An aging of Driscoll Co's accounts receivable indicates the estimate of uncollectible receivables totals 58,500. If Allowance for Doubtful Accounts has a $1,300 credit balance, the adjustment to record the bad debt expense for the period will require a debit to Bad Debt Expense for $7.200 credit to Allowance for Doubtful Accounts for $700 debit to Bad Debt Expense for 58,600 debit to Bad Debt Expense for $7,900

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