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Business, 27.05.2021 22:20 Geo777

Sunland Company has a credit balance of $3,500 in Allowance for Doubtful Accounts before adjustment. The total estimated uncollectibles under the percentage-of-receivables basis is $5,880. Prepare the adjusting entry to record bad debt expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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Sunland Company has a credit balance of $3,500 in Allowance for Doubtful Accounts before adjustment....
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