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Question 7 2 pts 7. At the end of 2019, JPMorgan Chase Bank had a balance in its Allowance for Uncollectible Accounts of $3,700 (credit)

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Question 7 2 pts 7. At the end of 2019, JPMorgan Chase Bank had a balance in its Allowance for Uncollectible Accounts of $3,700 (credit) before any adjustment. JPMorgan Chase Bank estimated its future uncollectible accounts to be 10% of receivables of $79,775. Calculate JPMorgan Chase Bank adjustment on December 31, 2019, for estimated uncollectble accounts. Show your work for full credit. HTML Editora BIVA - A - Ix Ex' , !E E X? V v 1 12pt Paragraph O words

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