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Based on the IFM Co. write-off in January, management maintains that the estimate that 10% of ending Accounts Receivable balance will be uncollectable is reasonable.

Based on the IFM Co. write-off in January, management maintains that the estimate that 10% of ending Accounts Receivable balance will be uncollectable is reasonable. Accounts Receivable Balance is $31,350. What would be the correct adjusting journal entry for this problem?

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