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Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $ 2 , 4 5 0 , 0

Analysis of Receivables Method
At the end of the current year, Accounts Receivable has a balance of $2,450,000, Allowance for Doubtful Accounts has a credit bala $31,600,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $250,000.
a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
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