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An estimate based on an analysis of receivables shows that $678 of accounts receivable are uncollectible. The Allowance for Doubtful Accounts has a debit balance
An estimate based on an analysis of receivables shows that $678 of accounts receivable are uncollectible. The Allowance for Doubtful Accounts has a debit balance of $82. After preparing the adjusting entry at the end of the year, the balance in the Allowance for Doubtful Accounts is the one listed below.
Select the correct answer.
$596
$82
$678
$760
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