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Test 3 pro 2 template.docx On December 31, Better Products has a balance in Accounts Receivable of $680,000. An analysis of the accounts receivable aging

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Test 3 pro 2 template.docx On December 31, Better Products has a balance in Accounts Receivable of $680,000. An analysis of the accounts receivable aging under the percentage of receivables method indicated that $48.000 in accounts receivable is expected to be uncollectible. Prepare the adjusting entry to record estimated bad debts expense using the percentage of accounts receivable method assuming the Allowance for Doubtful Accounts has a debit balance of 5730 before adjustment. Attach File

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