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The percentage of accounts receivable (balance sheet) procedure is used to estimate bad debts. The current balance in the Allowance for Bad Collection Accounts is

The percentage of accounts receivable (balance sheet) procedure is used to estimate bad debts. The current balance in the Allowance for Bad Collection Accounts is a $500 credit. An aging of accounts receivable results in a forecast of $1,700 potential bad debts. The adjustment to the Provision for Bad Collection Accounts is ?

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