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Fun Corp uses the following schedule to estimate its allowance for bad debts. AR Days Past due .1-30 31-60 61+ % Est. Uncollectible 200,000 2%

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Fun Corp uses the following schedule to estimate its allowance for bad debts. AR Days Past due .1-30 31-60 61+ % Est. Uncollectible 200,000 2% 40,000 9% 20,000 50% If Fun Corp had a beginning credit balance in its allowance for bad debts of $3,000 before adjusting journal entries, what should they record for Bad Debt Expense in its current period adjusting journal entry? ADA Bad Debt Expense 3,000

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