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Business, 20.12.2019 02:31 rue61

At the end of the current year, accounts receivable has a balance of $490,000; allowance for doubtful accounts has a debit balance of $4,500; and sales for the year total $2,210,000. using the aging method, the balance of allowance for doubtful accounts is estimated as $16,700. determine the amount of the adjusting entry for uncollectible accounts.

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