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Percent of 5ales Methyd At the end of the current year, Accucnts Receivable has a balance of 5890,000; Alowance for Doubtul Accounti has a debic
Percent of 5ales Methyd At the end of the current year, Accucnts Receivable has a balance of 5890,000; Alowance for Doubtul Accounti has a debic balance of $3, 000; and aleles for the year tatal $4,010,000. bad debe expense is estinnated at 1/2 of 194 of sales. a. Determine the amount of the adjusting entry for uncollectible accounts. b. Determine the adjusted balances of Accounts flecenable, Nlowance for Doultful Accounts, and Bad Debt Expense. Determine the nict inaldable value of accounti receivahle
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