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Lazlo s estimates uncollectible accounts to be 0 . 9 % of sales. Its year - end unadjusted trial balance shows Accounts Receivable of $

Lazlo

s estimates uncollectible accounts to be

0.9 %

of sales. Its year

-

end unadjusted trial balance shows Accounts Receivable of $

112, 500

and sales of $

965, 000 .

If Lazlo

s uses the allowance method to account for uncollectible accounts, what is the amount of the bad debts expense adjusting entry?

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