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You are reviewing information regarding accounts receivable and note that $20,000 is estimated to be not collectible. You also notice the following information: - Allowance

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You are reviewing information regarding accounts receivable and note that $20,000 is estimated to be not collectible. You also notice the following information: - Allowance for Doubtful Accounts current balance: $5,000 debit. With that information at your disposal, the journal entry to record bad debts expense for this period will require: Select one: O a. Debit Bad Debts Expense $15,000 O b. Debit Bad Debts Expense $25,000 O c. Debit Bad Debit Expense $20,000 Od Debit Allowance for Doubtful Accounts $20,000

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