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The following information is available for Jack's Inc.. for the current month. What is the adjusted book balance on the bank reconciliation? At the beginning of 2015. Elixir Inc. has the following ledger balances: During the year, credit sales amounted to S800.000. Cash collected on credit sales amounted to $760,000 and $18,000 has been written off. At the end of the year, company adjusted for bad debts expense using the aging method. The amount estimated as uncollectible was $25,000. The ending balance in Bad Debts Expense would be____