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Blazer Company has outstanding Accounts Receivables of $1,000,000 on December 31 based on Credit Sales of $3,000,000 for the year. Rich Carvajal, Chief Accountant at

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Blazer Company has outstanding Accounts Receivables of $1,000,000 on December 31 based on Credit Sales of $3,000,000 for the year. Rich Carvajal, Chief Accountant at Blazer, estimates that 10% of their receivables will be uncollectible. He also determines that the Allowance for Doubtful Accounts has a $7,000 credit balance on December 31 prior to any adjustments. On March 1, Blazer determines that a $5,000 account owed by GTech Corp will be uncollectible. If Blazer uses the Allowance Method to account for bad debts based on percent of receivables, Blazer's Dec 31 adjusting entry will include which of the following? O A $93,000 debit to Allowance for Doubtful Accounts O A $93,000 credit to Allowance for Doubtful Accounts O A $100.000 debit to Bad Debt Expense O A $100,000 credit to Allowance for Doubtful Accounts Some other

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