Amount of the adjusting entry for bad debt expense

Reference no: EM13521814

Using the percentage-of-sales method, you estimate that total uncollectible accounts is $7,345. The Allowance for Doubtful Accounts prior to adjustment has a debit balance of $1,345. The Accounts Receivable balance is $55,909. The amount of the adjusting entry for Bad Debt Expense is?

Reference no: EM13521814

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Amount of the adjusting entry for bad debt expense : Using the percentage-of-sales method, you estimate that total uncollectible accounts is $7,345. The Allowance for Doubtful Accounts prior to adjustment has a debit balance of $1,345. The Accounts Receivable balance is $55,909. The amount of the..

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