Determine the amount of the adjusting entry


At the end of the current year, accounts receivable has a balance of 700,000allowance for doubtful accounts has a credit balance of 5,500 and net sales for the year total 3,500,000balance debt expense is estimated at 1/2 of 1% of net sales.

What is the amount of the adjusting entry for uncollectable accounts.

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Accounting Basics: Determine the amount of the adjusting entry
Reference No:- TGS093292

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