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at the end of the current year accounts receivable has a balance of 970000 allowance for doubtful accounts has a debit balance of 8500 and
at the end of the current year accounts receivable has a balance of 970000 allowance for doubtful accounts has a debit balance of 8500 and sales for the year total 4370000 using the Aging method the balance of allowance for doubtful accounts is estimated as 32300 A. determine the amount of the adjusting entry for uncollectible accounts B. determine the adjusted balances of accounts receivable allowance for doubtful accounts and bad debt expense C. determine the net realizable value of accounts receivable
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