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Wellington Corp. has outstanding accounts receivable totaling $ 1 . 2 7 million as of December 3 1 and sales on credit during the year
Wellington Corp. has outstanding accounts receivable totaling $ million as of December and sales on credit during the year of $ million. There is also a debit balance of $ in the allowance for doubtful accounts. If the company estimates that of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the yearend adjustment to record bad debt expense?
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