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1. One entry to summarize all accounts written off against the Allowance for Doubtful Accounts during 2015.
2. Entries to record the $15,000 in accounts receivable that were subsequently collected.
3. The adjusting entry required at December 31, 2015, to increase the Allowance for Doubtful Accounts to $90,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91779516

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