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At the end of the current year, using the aging of accounts receivable method, management estimated that $ 3 1 , 5 0 0 of
At the end of the current year, using the aging of accounts receivable method, management estimated that $ of the accounts receivable balance would be uncollectible. Prior to any yearend adjustments, the Allowance for Doubtful Accounts had a debit balance of $ What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
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