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Maya Company's account balances at December 31 for Accounts Receivable and Allowance for .5 Doubtful Accounts were $1,450,000 and $17,400 (Cr.), respectively. An aging of
Maya Company's account balances at December 31 for Accounts Receivable and Allowance for .5 Doubtful Accounts were $1,450,000 and $17,400 (Cr.), respectively. An aging of accounts receivable indicated that $110,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is ) (2 )
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