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Question 11 1.49 pts Allowance for Doubtful Accounts has a credit balance of $750 at the end of the year (before adjustment), and bad debt

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Question 11 1.49 pts Allowance for Doubtful Accounts has a credit balance of $750 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of net sales. If net sales are $700,000, the amount of the adjusting entry to record the bad debt expense is $14,000 $14,750 $13,250 none of the above

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