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Find the amount of the appropriate adjusting entry

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Question - Allowance for Doubtful Accounts has a credit balance of $13000 at the end of the year, before adjustments.

Sales for the year amounted to $1570000, and sales returns and allowances amounted to $50000. If uncollectible accounts expense is estimated at 3% of net sales, find the amount of the appropriate adjusting entry?

Reference no: EM132728245

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