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Help Save AE At the end of each year, Dutch Supply Co. uses the simplified balance sheet approach(le, percentage of accounts receivable) to estimate bad

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Help Save AE At the end of each year, Dutch Supply Co. uses the simplified balance sheet approach(le, percentage of accounts receivable) to estimate bad debts On December 31, 2020, it has outstanding accounts receivable of $163,000 and estimates that 35% will be uncollectible Required: a. Give the entry to record bad debt expense for 2020 under the assumption that the Allowance for Doubtful Accounts has a $1,990 debit balance before the adjustment. 25102 View transaction list Journal entry worksheet Record the entry for estimated bad debts. Note: Enter debits before credits General Journal Debit Credit Date December 31 2020 Journal entry worksheet 250 54 Record the entry for estimated bad debts. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2020 Clear entry Record entry View general journal

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