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Waterway Inc. ' s trial balance before year - end adjustments included the following: If the estimate of uncollectible accounts is 4 % of gross

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Waterway Inc.'s trial balance before year-end adjustments included the following:
If the estimate of uncollectible accounts is 4% of gross accounts receivables, the amount of the adjustment needed at year-end is
$4450.
$9630.
$6936.
$7040.
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