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Indigo Corporation has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for

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Indigo Corporation has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $295.900 2,209,400 6,175 Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary (Enter negative amounts using either a negative sign preceding the number 4.8.-45 or parentheses eg (45)) Assets Liabilities + Allowance for Accounts Receivable doubtful accounts Common Stock Bes $ Bal $ Adj. e Textbook and Media List of Accounts Save for Later Attempts:0 of 3 used Submit Answer Stockholders' Equity Retained Earnings Expense Common Stock Revenue $ $ I e Textbook and Media List of Accounts Saviorate Attempts:0 of 3 used Submit

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