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Business, 24.10.2019 04:00 Elephants12

At the end of a period (before adjustment), allowance for doubtful accounts has a credit balance of $5,000. the accounts receivable balance is analyzed by aging the accounts and the amount estimated to be uncollectible is $50,000. the amount to be recorded in the adjusting entry for the bad debt expense is $45,000.

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At the end of a period (before adjustment), allowance for doubtful accounts has a credit balance of...
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