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Sunland Company's account balances at December 31, 2017 for Accounts Receivable and the related Allowance for Doubtful Accounts are $924000debit and $1970 credit, respectively. From
Sunland Company's account balances at December 31, 2017 for Accounts Receivable and the related Allowance for Doubtful Accounts are $924000debit and $1970 credit, respectively. From an aging of accounts receivable, it is estimated that $40900 of the December 31 receivables will be uncollectible. The necessary adjusting entry would include a credit to the allowance account for
A.$40900.
B. $38930.
C. $42870.
D.$1970.
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