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At December 31, (before adjusting the accounts) the Allowance for Doubtful Accounts of a Company showed a debit balance of $1,400. An aging of the
At December 31, (before adjusting the accounts) the Allowance for Doubtful Accounts of a Company showed a debit balance of $1,400. An aging of the accounts receivable indicated that the amount expected to be uncollectible was $2,500. Under these circumstances, bad debt expense for the year would be: $1,400$1,100$3,900$2,500$0
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