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At December 31, 2020, a company reported the following: S points Sav Total sales for 2020: 5520.000 Accounts receivable at Dec 31, 2020: $170.000 Allowance

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At December 31, 2020, a company reported the following: S points Sav Total sales for 2020: 5520.000 Accounts receivable at Dec 31, 2020: $170.000 Allowance for Doubtful Accounts at Dec 31, 2020: 51,800 credit The company uses the allowance method for recording its bad debts. Which of the following would be included in the adjusting journal entry to record the company's bad debt expense, assuming that the company estimates bad debts to be 19 of sales? OOR Bad Debt Expense 53.400 CR Allowance for Doubtful Accounts 53.400 DOR Allowance for Doubtful Accounts $1.700 CR Bad Debt Expense 51.700 C. DR Bad Debt Expense for 55.200 CR Allowance for Doubtful Accounts $5.200 G.DR Bad Debt Expense 57000 CR Allowance for Doubtful Accounts 57.000

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