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Net credit sales for the month are $730000. The accounts receivable balance is $150000. The allowance is calculated as10% of the receivables balance using the

Net credit sales for the month are $730000. The accounts receivable balance is $150000. The allowance is calculated as10% of the receivables balance using the percentage-of-receivables basis. If the Allowance for Doubtful Accounts has a credit balance of $7800before adjustment, what is the balance after adjustment?

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