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Blosson company uses the percentage of recievables basis to record bad debt expense. Accounts recievable ( ending balance ) $ 5 0 0 0 0

Blosson company uses the percentage of recievables basis to record bad debt expense. Accounts recievable (ending balance) $500000(debit) and Allowance for doubtful accounts (unadjusted)- $4000(debit). The company
estimates that 2% of accounts recievable will become uncollectible. 
(a) Prepare the adjusting journal entry to record bad debt expense for the year. 
(b) what is the ending (adjusted) balance for doubtful accounts? and (c) what is the cash (net) realizable value?  

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