The balance in Allowance for Doubtful Accounts before the year end adjustment is a debit of $1,200.
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The balance in Allowance for Doubtful Accounts before the year end adjustment is a debit of $1,200. An analysis of the accounts receivable aging estimates uncollectible accounts expense at 6% of the year end accounts receivable balance of $237,500. The amount of the year end adjusting entry is:
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