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On December 31, 2021, the Allowance for Doubtful Accounts has an unadjusted debit balance of $8,000. An aging schedule indicates that uncollectible accounts are $20,000
On December 31, 2021, the Allowance for Doubtful Accounts has an unadjusted debit balance of $8,000. An aging schedule indicates that uncollectible accounts are $20,000 at the end of 2021. What is the required bad debt expense adjustment to the Allowance for Doubtful Accounts at December 31, 2021?
Select one:
a.$20,000
b.$28,000
c.$8,000
d.$12,000
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