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Kleen Kompany uses the percentage of receivables method for recording bad debts expense. The accounts...

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Accounting

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Kleen Kompany uses the percentage of receivables method for recording bad debts expense. The accounts receivable adjusted balance is $340711 and credit sales are $928713. An aging of accounts receivable shows that 5% will be uncollectible. What adjusting entry will Kleen Kompany make if the Allowance for Bad Debts has an unadjusted debit balance of $2486? (select all lines that would be included in the necessary adjusting journal entry) dr. Accounts Receivable 17036 cr. Bad Debt Expense 17036 dr. Bad Debt Expense 48922 dr. Bad Debt Expense 19522 O dr. Allowance for Bad Debts 17036 dr. Bad Debt Expense 17036 cr. Allowance for Bad Debts 19522 cr. Allowance for Bad Debts 48922 cr. Bad Debt Expense 48922 cr. Accounts Receivable 48922 dr. Allowance for Bad Debts 48922 dr. Accounts Receivable 19522 cr. Accounts Receivable 19522 cr. Accounts Receivable 17036 cr. Bad Debt Expense 19522 dr. Accounts Receivable 48922 dr. Allowance for Bad Debts 19522 cr. Allowance for Bad Debts 17036

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