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O TB MC Qu. 130 (Algo) Craigmont uses the allowance method... Multiple Choice Craigmont uses the allowance method to account for uncollectible accounts. Its

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O TB MC Qu. 130 (Algo) Craigmont uses the allowance method... Multiple Choice Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $150.500, allowance for doubtful accounts of $105 red and sof $1,155,000. if uncollectible accounts are estimated to be 7% of accounts receivable, what is the amount of the bad debts expense adjusting entry? O $160 $3745 310539 $5.595 $540 Save & Fa

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