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Business, 14.08.2019 08:10 Alex4530

Acompany ages its accounts receivables to determine its end of period adjustment for bad debts. at the end of the current year, management estimated that $34,500 of the accounts receivable balance would be uncollectible. prior to any year-end adjustments, the allowance for doubtful accounts had a debit balance of $1,000. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

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Acompany ages its accounts receivables to determine its end of period adjustment for bad debts. at t...
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