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Question 7 0.5 pts A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its accounts

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Question 7 0.5 pts A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its accounts receivable balance. If the Allowance for Doubtful Accounts has a credit balance of $2,000 prior to year-end adjustment. What will be the balance of the Allowance for Doubtful Accounts after year-end adjusting entries have been recorded? O $18,000 credit balance O $18,000 debit balance O $20,000 debit balance O a zero balance $20,000 credit balance

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