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The year-end adjusting journal entry to record bad debts has what effect on the following: Select one: O a. Allowance for Bad Debts Retained Earnings

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The year-end adjusting journal entry to record bad debts has what effect on the following: Select one: O a. Allowance for Bad Debts Retained Earnings Increase Increase O b. Allowance for Bad Debts Retained Earnings Decrease Increase . Retained Earnings Allowance for Bad Debts Decrease Increase O d. Allowance for Bad Debts Retained Earnings Decrease Decrease e. Allowance for Bad Debts Retained Earnings Decrease No effect

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