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Mazle Supply Co. uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $57000, and it estimates that 3%

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Mazle Supply Co. uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $57000, and it estimates that 3% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: 02 (a) a $969 credit balance before the adjustment (b) a $285 debit balance before the adjustment. View transaction list Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $969 credit balance before the adjustment Note: Enter debits before credits General Journal Debit Credit Transaction (a) Journal entry worksheet

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