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Determine the adjusting entry to record bad debts expense

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Reference no: EM132810046

Problem 1: An aging of a company's accounts receivable indicates that $11,000 is estimated to be uncollectible. If the Allowance for Doubtful Accounts has a $1,600 debit balance (before adjustment), the adjusting entry to record bad debts expense for the period will require a:

(a) Debit to Bad Debts Expense for $12,600
(b) Debit to Bad Debts Expense for $11,000
(c) Debit to Bad Debts Expense for $9,400
(d) Credit to Allowance for Doubtful Accounts for $11,000

Reference no: EM132810046

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