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Prepare the adjusting entry under each basis

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Question - Borke Company has a credit balance of $3,230 in Allowance for Doubtful Accounts. The estimated bad debt expense under the percentage-of-sales basis is $4,130. The total estimated uncollectibles under the percentage-of-receivables basis is $5,830. Prepare the adjusting entry under each basis.

Reference no: EM132082171

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