Question: Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $70000. If the balance of the Allowance for Doubtful Accounts is an

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 $70000. If the balance of the Allowance for Doubtful Accounts is an $14000 debit before adjustment, what is the balance after adjustment? O $56000 O $84000 O $14000 O $70000

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