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What adjusting entry does newton need to make

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Question - At December 31, the balance in Newton Company's allowance for uncollectible accounts had a debit balance, before adjustment, of $1,400. Newton uses the balance statement approach to estimate bad debts expense and determined that the balance of the allowance at year end should be $3.400. What adjusting entry does Newton need to make to record bad debts expense for the year?

Reference no: EM133075876

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