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Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $535,000; Allowance for Doubtful Accounts has a debit

Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $535,000; Allowance for Doubtful Accounts has a debit balance of $5,000; and sales for the year total $2,410,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $17,500.

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