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Which of the following would be a materially correct DR or CR adjustment amount? a. CR Allowance $1,550,000 b. No adjustment needed. c. DR Allowance

Which of the following would be a materially correct DR or CR adjustment amount?

a.

CR Allowance $1,550,000

b.

No adjustment needed.

c.

DR Allowance $500,000

d.

CR Allowance $500,000

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