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The following selected amounts are reported on the year-end unadjusted tral balance report for a company that uses the percent of sales method to determine

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The following selected amounts are reported on the year-end unadjusted tral balance report for a company that uses the percent of sales method to determine les bad debes expense Accounts receivable Net Soles $430,00 Debit 2,250,000 Credit All sales are made on credit. Based on gast experience the company estimates 10% of sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expen

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