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Unadjusted balances -- Accounts Receivable - 40,000 Allowance for doubtful accoubts - 2,000 Bad debt expense - 0 If the company estimates that it will
Unadjusted balances -- Accounts Receivable - 40,000 Allowance for doubtful accoubts - 2,000 Bad debt expense - 0
If the company estimates that it will not be able to collect 3% of accounts receivable, the debit to Bad Debt Expense in the adjustments column is...
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