Question: Your answer is partially correct. Try again. Ayayai Corp. had net sales in 2017 of $1.6 million. At December 31, 2017, before adjusting entries, the

Your answer is partially correct. Try again. Ayayai Corp. had net sales in 2017 of $1.6 million. At December 31, 2017, before adjusting entries, the balances in selected accounts were as follows: Accounts Receivable $269,000 debit; Allowance for Doubtful Accounts $2,490 credit. Assume Ayayai has examined the aging of the accounts receivable and has determined the Allowance for Doubtful Accounts should have a credit balance of $33,100. Prepare the December 31, 2017 journal entry to record the adjustment to Allowance for Doubtful Accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Bad Debt Expense 2409 Allowance for Doubtful Accounts 2409
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