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At the end of the current year, using the aging of receivable method, management estimated that $15.750 of the accounts receivable balance would be uncollectible.

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At the end of the current year, using the aging of receivable method, management estimated that $15.750 of the accounts receivable balance would be uncollectible. Prior to any year end adjustments, the Allowance for Doubtful Accounts had a debit balance of $375. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense? Multiple Choice 15.375 Bad Debts Expense Allowance for Doubtful Accounts 15,375 10,125 Bad Debts Expense Allowance for Doubtful Accounts 10,125 Accounts Receivable Bad Debts Expense 15.750 37 10.1251

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