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On December 31, Year 1, Kardashian Company recorded an adjusting entry to recognize $5,470 of uncollectible accounts expense. Which of the following shows how this

On December 31, Year 1, Kardashian Company recorded an adjusting entry to recognize $5,470 of uncollectible accounts expense. Which of the following shows how this entry will affect Kardashians financial statements?

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Balance Sheet Income Statement Statement of Assets Liab Equity Rev. Exp Net Inc Cash Flows NA (5,470) NA 5,470 5,470 5,470 (5,470) OA Statement of Balance Sheet ncome Statement Assets Liab. Equity Revi Exp Net Inc Cash Flows NA 5,470 5,470 NA 5,470 5,470 NA Statement of Balance Sheet ncome Statement Assets Liab. Equity Revi Exp Net Inc. Cash Flows 5,470 NA 5,470 NA 5,470 5,470 5,470) FA Statement of Balance Sheet ncome Statement Exp Net Inc. Cash Flows Liab. Equity Assets Revi NA NA 5,470 5,470 NA 5,470 5,470

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