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UDC Allowance for Doubtful Accounts has a credit balance of $1,300 at the end of the year before adjustment). The company prepares an analysis of
UDC Allowance for Doubtful Accounts has a credit balance of $1,300 at the end of the year before adjustment). The company prepares an analysis of customers' accounts to estimate the amount of uncollectible accounts of $41,900. Which of the following adjusting entries would be made to record the Bad Debt Expense for the year? a. dcbit Allowance for Doubdial Account, 543.300, credited Expose, 543,200 Ob debet Bad Deltipes, S., cred Allowance for Dece, 340,000 Oc debit Bed Debt Expense, 543.200 credit Allowance for Dec, 143,200 Od debit Allowance for Doubtful Account S40,600 credit Bad Debt Expense 540,000 U A new machine with a purchase price of $89,858, with transportation costs of $8,564, Installation costs of 56,525, and special acquisition fees of $2,581, would have a cost basis of Oo, 399264 Od 5107,825 Oc. 549,858 Od 596,383
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