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At the end of the current year, the accounts receivable account has a debit balance of $ 7 7 0 , 0 0 0 and

At the end of the current year, the accounts receivable account has a debit balance of $770,000 and sales for the year total $8,730,000. The allowance account before adjustment has a debit balance of $10,400. Bad debt expense is estimated at 1/2 of 1% of sales

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