Business, 02.03.2020 23:14 goodperson21

The data below is for Music Corporation for 2015. Accounts Receivable-January 1, 2015 $236,000 Credit sales during 2015 820,000 Collections from credit customers during 2015 590,000 Customer accounts written off as uncollectible during 2015 8,000 Allowance for doubtful accounts-January 1, 2015 8,700 Estimated uncollectible accounts based on aging analysis 9,600 Refer to the data for Music Corporation. If the aging approach is used to estimate bad debts, what is the balance in the Allowance for Doubtful Accounts after the bad debt expense adjustment

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The data below is for Music Corporation for 2015. Accounts Receivable-January 1, 2015 $236,000 Credi...