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During the year, Bears Inc. recorded credit sales of $510,000. Before adjustments at year-end, Bears has accounts receivable of $380,000, of which $60,000 is past

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During the year, Bears Inc. recorded credit sales of $510,000. Before adjustments at year-end, Bears has accounts receivable of $380,000, of which $60,000 is past due, and the allowance account had a credit balance of $2,700. Using the aging of receivables method, what would be the adjustmen assuming Bears expects it will not collect 9% of the amount not yet past due and 27% of the amount past due? A. Bad Debt Expense Allowance for Uncollectible Accounts B. Bad Debt Expense Allowance for Uncollectible Accounts C. Bad Debt Expense Allowance for Uncollectible Accounts D. Allowance for Uncollectible Accounts Bad Debt Expense 45,000 45,000 47,700 47,700 42,300 42,300 42,300 42,300 Multiple Choice Option Options O O Option A

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