=+2. Assume that the allowance for doubtful accounts for Steelhead Company has a positive bal ance of

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=+2. Assume that the allowance for doubtful accounts for Steelhead Company has a positive bal¬

ance of $3,199 before adjustment on December 31,2008. Illustrate the effect on the accounts and financial statements ofthe adjustment for uncollectible accounts.

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