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Sale (credit) $2,500,000
Sales return and allowance. $50,000
Accounts Receivable $640,000
Allowance for doubtful accounts. $20,000

Estimated amount of uncollected accounts based on aging analysis $45,000

If the a company estimates the bad debt to be 2% of net credit sales, what will be the allowance for doubtful accounts account after the adjustment for bad debts?

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