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Robinson Company uses the allowance method for estimating bad debts expense. The accounts receivable balance is $285,000. Management estimates that 6% of accounts receivable will

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Robinson Company uses the allowance method for estimating bad debts expense. The accounts receivable balance is $285,000. Management estimates that 6% of accounts receivable will be uncollectible. What adjusting entry will Robinson Company make if the Allowance for Uncollectible Accounts has a credit balance of $10,000 before adjustment? debit Bad Debt Expense 12,100; credit Allowance for Uncollectible Accounts 12,100 debit Bad Debt Expense 27,100; credit Allowance for Uncollectible Accounts 27,100 debit Bad Debt Expense 12,100; credit Accounts Receivable 12,100 debit Bad Debt Expense 7,100; credit Allowance for Uncollectible Accounts

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