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At the end of the current year, Accounts Receivable has a balance of $750,000; Allowance for debt expense is estimated at l/2 of 1% of

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At the end of the current year, Accounts Receivable has a balance of $750,000; Allowance for debt expense is estimated at l/2 of 1% of net sales. Determine (a) the amount of the adjusting entry for bad debt expense, uswe THe Iwne goo 2. Doubtful Accounts has a debit balance of $6,200; and net sales for the year total $3,500,000. Bad srmrnane n ss ahor temeonr

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