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Nedpool Products uses the allowance method in estimating uncollectible On December 31, 2017, the balance in Accounts Receivable was $660,000. Uncollectible accounts are estimated to

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Nedpool Products uses the allowance method in estimating uncollectible On December 31, 2017, the balance in Accounts Receivable was $660,000. Uncollectible accounts are estimated to be 4% of accounts receivable. Please provide a response for a., b., and c. 5 6 8 a. What is the estimated balance in the Allowance for Doubtful Accounts 9 11 12 b. If the balance in the Allowance for Doubtful accounts was a debit of $7,500, provide the adjusting journal entry for estimating uncollectible accounts based on above estimated balance. 15 c. If the balance in the Allowance for Doubtful accounts was a credit of $2,500, provide the adjusting journal entry for estimating uncollectible accounts based on above estimated balance

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