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An aging of a company's accounts receivable indicates that the estimate of uncollectible accounts totals...

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Accounting

An aging of a company's accounts receivable indicates that the estimate of uncollectible accounts totals $4,527. If Allowance for Doubtful Accounts has a $1,341 debit balance, the adjustment to record the bad debt expense for the period will require a

Select the correct answer.

debit to Bad Debt Expense for $4,527.

debit to Bad Debt Expense for $1,341.

debit to Bad Debt Expense for $5,868.

credit to Allowance for Doubtful Accounts for $4,527.

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