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At the end of the current year, Accounts Receivable has a balance of $158,530; Allowance for Doubtful Accounts has a debit balance of $3,200; and

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At the end of the current year, Accounts Receivable has a balance of $158,530; Allowance for Doubtful Accounts has a debit balance of $3,200; and sales for the year total $1,077,000, Bad debt expense is estimated at V of 15 of sales. a. Determine the amount of the adjusting entry for bad debt expense. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt txpense. 6. vetermine the netzeatizable valun of accounts receivabie

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