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Fir Co. uses the aging of accounts method to estimate bad debt expense. Fir's estimate of uncollectible accounts receivable from the aging method is $700.

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Fir Co. uses the aging of accounts method to estimate bad debt expense. Fir's estimate of uncollectible accounts receivable from the aging method is $700. The beginning balance in the allowance for doubtful accounts was a $200 credit balance. Write offs of bad debts were $150. What amount would be recorded as bad debt expense? O $450 O $550 O $700 O $650

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