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Problem 06-34 (Algo) [LO 6.9] GK Company, a calendar year, accrual basis taxpayer, made the following adjustments to its allowance for bad debts this year:

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Problem 06-34 (Algo) [LO 6.9] GK Company, a calendar year, accrual basis taxpayer, made the following adjustments to its allowance for bad debts this year: Required: a. Compute GK's bad debt expense for financial statement purposes. b. Compute GK's tax deduction for bad debts. Complete this question by entering your answers in the tabs below. Compute GK's bad debt expense for financial statement purposes

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