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35. (7 points) After recording all transactions, but prior to recognizing bad debt expense at...

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Accounting

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35. (7 points) After recording all transactions, but prior to recognizing bad debt expense at the end of a reporting period, Howell Company's trial balance includes the following information: Howell determines that 6% of Accounts receivable are uncollectible (i.e., not expected to be collected in cash). a. What value should Howell show as the ending balance for the Allowance for doubtful accounts? (show your work) b. How much bad debt expense must Howell recognize? (show your work) c. Show the adjusting journal entry Howell should make to record bad debt expense

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