Question: Which two methods of estimating bad date require you to calculate the required reserve, check the prior period's ending balance in Allowance for Doubtful Accounts,

Which two methods of estimating bad date require you to calculate the required reserve, check the prior period's ending balance in Allowance for Doubtful Accounts, and record a journal entry to adjust the prior balance to the current required balance? What is the journal entry to record estimated bad debt, assuming that this period's required reserve is greater than last period's ending balance in Allowance for Doubtful Accounts

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