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Using the allowance method, the uncollectible accounts for the year are estimated to be $52200. If the balance for the Allowance for Doubtful Accounts is
Using the allowance method, the uncollectible accounts for the year are estimated to be $52200. If the balance for the Allowance for Doubtful Accounts is $6960 before adjustment, what is the balance after adjustment?
$59160
$52200
$45240
$6960
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