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Noah Lott Tutoring Services has net sales of $826,000 for the year, and it estimates...

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Accounting

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Noah Lott Tutoring Services has net sales of $826,000 for the year, and it estimates uncollectible accounts will be 1.6% of its net sales. If Allowance for Doubtful Accounts already has a credit balance $1,290 prior to any adjustments, and the percentage of net sale method is used, it will need to debit [ Select] After a complete entry is posted, its balance in Allowance for Doubtful Accounts will be [Select ] $13,216 $1,290 $14,506 $11,926 Noah Lott Tutoring Services has net sales of $826,000 for the year, and it estimates uncollectible accounts will be 1.6% of its net sales. If Allowance for Doubtful Accounts already has a credit balance $1,290 prior to any adjustments, and the percentage of net sale method is used, it will need to debit [ Select] After a complete entry is posted, its balance in Allowance for Doubtful Accounts will be [Select ] $13,216 $1,290 $14,506 $11,926

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