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May supply company uses the percent of account receivable method on December 3 1 it has outstanding accounts receivable of eight $ 2 0 0

May supply company uses the percent of account receivable method on December 31 it has outstanding accounts receivable of eight $2000 and estimates that 3% will be uncollectible prepare the year ending adjusting entry to record bad death expense under the assumption that the allowance for doubtful accounts has a $1394 credit balance before the adjustment and be a 410 balance before the adjustment

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