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Brown Company's account balances at December 31, 2014 for Accounts Receivable and the related Allowance for Doubtful Accounts are $920,000 debit and $4,100 credit, respectively. From an aging accounts receivable, it is estimated that $23,000 of the December receivables will be uncollectable. The necessary adjusting entry woud include credit to the allowance account for.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9963096

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