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It is estimated that 12% of the accounts receivable will be uncollectible. Currently Accounts Receivable is at $13,000 and Allowance for Doubtful Accounts has a

It is estimated that 12% of the accounts receivable will be uncollectible.

Currently Accounts Receivable is at $13,000 and

Allowance for Doubtful Accounts has a $1,100 debit balance

Put together the journal entry for bad debt expense recognition and compute the net realizable value.

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