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The allowance for bad debts account has a credit balance of​ $8,000 before the adjusting entry for bad debts expense. after analyzing the accounts in the accounts receivable subsidiary ledger using the​ aging-of-receivables method, the​ company's management estimates that uncollectible accounts will be​ $15,000. what will be the balance of the allowance for bad debts reported on the balance​ sheet

1 Answer

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the balance of the allowance for bad debts reported on the balance​ sheet = 15,000

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User Ecotax
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