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Splish Fashions has been in business several years. At the end of the current year, the ledger shows the following: Bad debts are estimated to

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Splish Fashions has been in business several years. At the end of the current year, the ledger shows the following: Bad debts are estimated to be 6% of accounts receivable. Prepare the entry to adjust Allowance for Doubtful Accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry.)

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