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Assume that the allowance account has a debit balance of $250 at the end of the year, before adjustments. If the estimate of uncollectible accounts

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Assume that the allowance account has a debit balance of $250 at the end of the year, before adjustments. If the estimate of uncollectible accounts based on sales for the period is $2, 200, the amount of the adjusting entry for uncollectible accounts would be: a $250 b. $1, 950 c. $2, 200 d. $2, 450

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