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View Policies Current Attempt in Progress Vaughn Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2230000 and $55000

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View Policies Current Attempt in Progress Vaughn Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2230000 and $55000 (Cr), respectively. An aging of accounts receivable indicated that $187000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is $187000 $242000 5223000 $132000 Save for Later Attempts:O of 1 used Submit

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