A company uses the allowance method for bad debt expense. At the end of the...

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Accounting

A company uses the allowance method for bad debt expense. At the end of the year, they estimate that 4% of their $800,000 in Accounts Receivable is uncollectible. If the Allowance for Doubtful Accounts has a credit balance of $3,000 before adjustment, what is the amount of bad debt expense to be recorded?
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