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The allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $774 of accounts receivable are uncollectible. Allowance for
The allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $774 of accounts receivable are uncollectible. Allowance for Doubtful Accounts has a debit balance of $137. The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of Oa. 5637 Ob. $774 Oc. $137 Od. $911
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