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Unformatted text preview: ) Allowance for doubtful accounts balance 12/31/10 $ 60,000 Accounts receivable, net of allowance for doubtful Accounts $ 950,000 Allowance for doubtful accounts balance 12/31/10 60,000 Accounts receivable, before deducting allowance for doubtful accounts $1,010,000 5. Accounts receivable $310,000 Percentage 3 % Bad debt expense, before adjustment 9,300 Allowance for doubtful accounts (debit balance) 14,000 1 Bad debt expense, as adjusted $ 23,300 2...
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This note was uploaded on 10/27/2010 for the course FIN 82571 taught by Professor Sharp during the Fall '10 term at CSU Sacramento.
- Fall '10