Allowance for Doubtful Accounts has a debit balance of $845 at the end of the year (before adjustment), and an analysis of accounts in the customers ledger indicates uncollectible receivables of $15,368. Which entries records the proper adjusting entry for bad debt expense?
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Home » Business » Allowance for Doubtful Accounts has a debit balance of $845 at the end of the year (before adjustment), and an analysis of accounts in the customers ledger indicates uncollectible receivables of $15,368.