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Allowance for Doubtful Accounts has a credit balance of $539 at the .pdf

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Allowance for Doubtful Accounts has a credit balance of $539 before adjustment. Bad debt expense is estimated at 3% of credit sales of $609,800. The adjusting entry to estimate uncollectible accounts receivable is $18,833, which is 3% of $609,800 in credit sales.

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Allowance for Doubtful Accounts has a credit balance of $539 at the end of the year (before adjustment), and bad debt expense is estimated at 3% of credit sales. If credit sales are $609,800, the amount of the adjusting entry to journalize the estimated uncollectible accounts receivable is a.cannot determine without more information b.$18,833 c.$17,755 d.$18,294

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