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Tim Burr Logging has a debit balance of $1,235 in its Allowance for Doubtful Accounts before any adjustments ar made at the end of the
Tim Burr Logging has a debit balance of $1,235 in its Allowance for Doubtful Accounts before any adjustments ar made at the end of the year. Based on review and aging of i accounts receivable at the end of the year, Tim Burr Logging estimates that $1,540 of its receivables are uncollectible. As a result, it will debit Bad Debts Expense for [Amount]. (Numbers only. Do not include dollar signs or commas.)
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