Question: Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $42500. If the balance $4500 debit before adjustment, what is the balance

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $42500. If the balance $4500 debit before adjustment, what is the balance after adjustment? of the Allowance for Doubtful Accounts is $47000 $42500 O$38000 $4500

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