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Question 7 0.5 points Zohail Company has the folde Credit Sales Cash Sale Account receivables Allowance for doubtful account balance $100,000 550.000 525.000 debit $

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Question 7 0.5 points Zohail Company has the folde Credit Sales Cash Sale Account receivables Allowance for doubtful account balance $100,000 550.000 525.000 debit $ 500 credit From the above data determine which of the following adjusting entry to record Bad Debes Expertise is correct suming collectible teemed to be of account receivable Debit --- Bad debe pense - 2.000 Credit Allowance for doubtful accounts -- 24000 Debit - lad debt esp 1.000 Credit - Allowance for doubtful accounts 1.000 Debit - Allowance for doublecos 1.300 Credit -- Bad debt expense --- 1.500 Debit-Hadde espinse - 1,000 Credit Accounts Receivable --- 1.000 Question 7 ot Moving to another question will save this response

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