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Question 2 (18 points) All questions must be answered on-line in the space provided. #2 18 marks, suggested time 11 minutes Snow Inc.'s accounting records

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Question 2 (18 points) All questions must be answered on-line in the space provided. #2 18 marks, suggested time 11 minutes Snow Inc.'s accounting records showed an accounts receivable balance of $200,000 and a credit balance in the Allowance for Doubtful Accounts (AFDA) of $5,000 before the following two adjustments were made: a. wrote off a $1,500 uncollectible account b. adjusted the accounts for the fact that total uncollectible accounts receivable are estimated to be $5,200. You are not required to, nor do you have time to prepare journal entries. Complete the following grid, showing the account balances after both a) and b) have been processed. Please show your calculations. Format V B I U Font Famil Dollar amount after a) and b) have been recorded Accounts receivable Less: allowance for doubtful accounts Bad debts expense

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