Question: can you please help with this ? Allowance for Doubtful Accounts has a debit balance of $455 at the end of the year (before adjustment),
Allowance for Doubtful Accounts has a debit balance of $455 at the end of the year (before adjustment), and Bad Debt Expense is estimated at 3% of credit sales. If credit sales are $880,900, the amount of the adjusting entry for uncollectible accounts is a. $26.852 b. 525,972 c. cannol deteneine without more information d. 526,427
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