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Morrow Inc. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts as an adjusted credit balance of $5.700

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Morrow Inc. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts as an adjusted credit balance of $5.700 and the company had $290,000 of net credit sales during the period. Morrow has experienced bad debt losses of 6% of credit sales in prior periods. After making the adjusting entry for estimated bad debts, what is the ending balance in the Allowance for Doubtful Accounts account? O $1200 O O $1,400

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