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Effective with the current year, Hall Company adopted a new accounting method for estimating the allowance for the doubtful accounts at the amount indicated by

Effective with the current year, Hall Company adopted a new accounting method for estimating the allowance for the doubtful accounts at the amount indicated by the year-end aging of accounts receivable.

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Problem 10 Effective with the current year, Hall Companv adopted a new accounting method for estimating the allowance for the doubtful accounts at the amount indicated by the year-end aging of accounts receivable. Allowance for doubtful accounts-January 1 250,000 Provision for doubtful accounts during the current year at 2% of credit sales of P10,000,000 200,000 Accounts written off 205,000 Estimated uncollectible accounts per aging on December 31 220,000 After year-end adjustment, what is the doubtful accounts expense for current year

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