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Business, 01.04.2020 18:43 marika35

At the end of the period, the manager of Olive Co. estimated that $80,000 of its accounts receivable were uncollectible. If the Allowance for Doubtful Accounts has a credit balance of $22,400, which of the following is the adjusting entry to record bad debts for the period? Assume the allowance method is used.

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At the end of the period, the manager of Olive Co. estimated that $80,000 of its accounts receivable...
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