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What the adjusting entry would be required credit to

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Problem 1: Allowances for doubtful accounts has a debit balance of 980 at the end of the current year (prior to adjustment) An analysis of the accounts on the customers ledger indicates uncollectable accounts of 16000. The adjusting entry would be required credit to:

a) Accounts receivable account for 15020
b) Allowances doubtful accounts for 15020
c) Allowances doubtful accounts for 16980

Reference no: EM132912554

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