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SPRE a Question 15 4.75 pts Using the % of aging-of-accounts receivable to estimate...

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Accounting

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SPRE a Question 15 4.75 pts Using the % of aging-of-accounts receivable to estimate uncollectible accounts, The Valley Corporation estimates a target balance of $10,626 of its total accounts receivable that will be uncollectible. Prior to adjustment, the Allowance for Uncollectible accounts has a credit balance of $3,000. When recording the journal entry to make this adjustment, what is the amount of the debit for bad debt expense? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123 Question 16 4.75 pts The cost of installing a security fence on a vacant lot should be charged to which account: Accumulated Depreciation Equipment O Land O Building Depreciation Expense Land improvements

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