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At the end of the current year, Accounts Receivable has a balance of $90,000; Allowance for Doubtful Accounts has a credit balance of $1,000; and

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At the end of the current year, Accounts Receivable has a balance of $90,000; Allowance for Doubtful Accounts has a credit balance of $1,000; and credit sales for the year total $300,000. Bad debt expense is estimated at 2.0% of sales. Determine the amount of the adjusting entry for Bad Debt Expense. Do not use comma separators in your

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