If Allowance for Doubtful Accounts has a credit balance...
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If Allowance for Doubtful Accounts has a credit balance of $3,100 in the al balance, na ze the ad sting entry at December 31, assuming bad debts are expected to be t 3% or t of accounts receivable. (Credit account tities are automatically indented when amount is entered. Do not indent manually Account Titles and Explanation No. Date Debit Credit (1) Dec. 31 (2) Dec.31 Click if you would like to Show Work for this question: Open Show. If Allowance for Doubtful Accounts has a credit balance of $3,100 in the al balance, na ze the ad sting entry at December 31, assuming bad debts are expected to be t 3% or t of accounts receivable. (Credit account tities are automatically indented when amount is entered. Do not indent manually Account Titles and Explanation No. Date Debit Credit (1) Dec. 31 (2) Dec.31 Click if you would like to Show Work for this question: Open Show
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