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The following information is from the records of Armadillo Camera Shop: Accounts receivable, December 31, 2016 Allowance for Bad Debts, December 31, 2016 Prior to
The following information is from the records of Armadillo Camera Shop: Accounts receivable, December 31, 2016 Allowance for Bad Debts, December 31, 2016 Prior to adjustment Net credit sales for 2016 Accounts written off as uncollectible during 2016 Bad debts expense is estimated by the aging-of-accounts-recelvables method. Management estimates that $2,860 of accounts recelvable will be uncollectlble. Calculate the amount of net accounts recelvable after the adjustment S20,000 (debit) 600 (debit 95 for bad debts $17,750 $17,150 $16,550 $13,000
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