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Problem 1: Seven Seas Company's estimated period-end uncollectible accounts are $45,000. If the balance of the Allowance for Doubtful Accounts is $6,000 debit before adjustment, what should be the balance in the allowance for doubtful accounts after adjustment?
Group of answer choices
Option 1: $51,000
Option 2: $45,000
Option 3: $6,000
Option 4: $39,000
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