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An aging of a company's accounts receivable indicates that $9,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,100 credit balance, the adjustment to record bad debts for the period will require a:

a. debit to Allowance for Doubtful Accounts for $7,900.

b. debit to Bad Debts Expense for $9,000.

c. debit to Bad Debts Expense for $7,900.

d. credit to Allowance for Doubtful Accounts for $9,000.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M959515

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