Allowance for Doubtful Accounts has an unadjusted balance of $500 at the end of the...
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Accounting
Allowance for Doubtful Accounts has an unadjusted balance of $500 at the end of the year, and an analysis of accounts in the customers' ledger indicates doubtful accounts of $15,000. Compute the adjusted balance in the allowance for doubtful accounts?
a.$15,000
b.$14,500
c.$14,000
d.$15,500
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