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Namaste Store completed an aging analysis of its accounts receivable. Its accountant estimates that $35,000 of its accounts receivable balance of $500,000 is uncollectible. Prior

Namaste Store completed an aging analysis of its accounts receivable. Its accountant estimates that $35,000 of its accounts receivable balance of $500,000 is uncollectible. Prior to adjustment, the allowance for doubtful accounts had a credit balance of $3,000. The year-end adjusting entry would include a

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