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Ollie's adjusted trial balance includes the following (normal) balances. Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense $1.940,000 28.700 65.200 How much of the

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Ollie's adjusted trial balance includes the following (normal) balances. Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense $1.940,000 28.700 65.200 How much of the Accounts Receivable does Ollie expect to collect (i.e., the net realizable value)? Fence Inc. just received notice that a customer with an Account Receivable balance of $370 will not be making any future payments. Assuming that the allowance method is used the journal entry Fence will prepare to write-off the account is debit Bad Debt Expense and credit Allowance for Doubtful Accounts debit Bad Debt Expense and credit Accounts Receivable debit Allowance for Doubtful Accounts and credit Accounts Receivable, debit Allowance for Doubtful Accounts and credit Bad Debt Expense

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