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Business, 24.03.2020 21:40 mcmccann4317

At the end of the current year, using the aging of receivable method, management estimated that $33,750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a credit balance of $555. 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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At the end of the current year, using the aging of receivable method, management estimated that $33,...
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