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Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49500. If the balance of the Allowance for Doubtful Accounts is $5900
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49500. If the balance of the Allowance for Doubtful Accounts is $5900 credit before adjustment what is the amount of bad debt expense for that period?
$55400
$5900
$49500
$43600
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