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help Namber One Products is preparing its year-end adjusting entry to record uncollectible accounts. The following amo! year-end unadjusted trial balance: Accounts receivable Allowance for

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Namber One Products is preparing its year-end adjusting entry to record uncollectible accounts. The following amo! year-end unadjusted trial balance: Accounts receivable Allowance for Doubtful Accounts Net Sales $426,000 Debit 1,440 Debit 2,290,000 Credit All sales are made on credit. Based on past experience, Number One Products estimates that 20% of accounts receiv uncollectible. What adjusting entry should the company make at the end of its accounting year to record uncollectible Multiple Choice O Debit Bad Debts Expense $8,520, credit Allowance for Doubtful Accounts $8,520. Debit Bed Debts Expense $9,960; credit Allowance for Doubtful Accounts $9.960.

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