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Riverbed, Inc. had net sales in 2017 of $1,492,600. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $232,200
Riverbed, Inc. had net sales in 2017 of $1,492,600. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $232,200 debit, and Allowance for Doubtful Accounts $3,660 credit. Assume Riverbed prepares an aging schedule that estimates total uncollectible accounts at $33,100. Prepare the entry to record bad debt expense. (If no entry is required, select "No Entry" for the account tities and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Debit Credit Dec. 31, 2017 Bad Debt Expense Allowance for Doubtful Accounts Click if you would like to Show Work for this question: Open Show Work
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