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An aging of the Accounts Receivable, as of December 31st (the balance sheet date), showed and estimate of $53,000 in doubtful accounts. Currently, you show

An aging of the Accounts Receivable, as of December 31st (the balance sheet date), showed and estimate of $53,000 in doubtful accounts. Currently, you show a $2,000 debit balance in the allowance account. Make the journal entry needed at December 31st.

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