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Using the following categories, indicate the effects of the following transactions. Usefor increase and- for decrease and indicate the accounts affected and the amounts a.
Using the following categories, indicate the effects of the following transactions. Usefor increase and- for decrease and indicate the accounts affected and the amounts a. At the end of the period, bad debt expense is estimated to be $17,600 b. During the period, bad debts are written off in the amount of $7,200 Assets Liabilities Stockholders' Equity
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