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Not yet answered Marked out of 8.00 Flag question ABC Company uses the allowance method to record bad debts. Record the following transactions. 1.

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Not yet answered Marked out of 8.00 Flag question ABC Company uses the allowance method to record bad debts. Record the following transactions. 1. Dec. 31 - Bad debts expense was estimated to be $4,500. 2. April 15- Customer A. Bean's account receivable of $2,700 was deemed uncollectible and written off. 3. July 1 A Bean paid the full amount, $2,700, of a the previously written-off account receivable. 1 ABIU - I Date Account & Explanation Debit Credit

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