Chen Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts...
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Chen Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were HK$2,100,000 and HK$20,000 (Cr.), respectively. An aging of accounts receivable indicated that HK$170,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
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