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Question 2: Amazon has been in business for several years. At the end of the current year, the ledger shows: Accounts Receivable Sales Revenue Allowance

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Question 2: Amazon has been in business for several years. At the end of the current year, the ledger shows: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $ 310,000 Dr. 2,200,000 Cr. 4,100 Cr. Bad debts are estimated to be 4% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts

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