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Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $53000. If the balance of the Allowance for Doubtful Accounts is an

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $53000. If the balance of the Allowance for Doubtful Accounts is an $10600 debit before adjustment, what is the amount of bad debt expense for that period?image text in transcribed

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $53000. If the balance of the Allowance for Doubtful Accounts is an $10600 debit before adjustment, what is the amount of bad debt expense for that period? $53000 O $42400 $10600 $63600

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