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At the end of the current year, Mccounts Receivable has a batance of 3150,900 ;...

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Accounting

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At the end of the current year, Mccounts Receivable has a batance of 3150,900 ; Allowance for Doubtful Accounts has a debit balance of $3,736; and sales for the year total 51,108,000. Bad debt expense is estimated at 2% of sales. a. Determine the smount of the adjusting entry for bad debt expense. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. c. Determine the net realizable value of accounts receivable

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