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On December 3 1 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt
On December of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: Accounts Receivable, debit balance of $; Allowance for Doubtful Accounts, credit balance of $ What amount should be debited to Bad Debts Expense, assuming of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
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