Allowance for doubtful accounts has a debit balance of $2,300 at the end of the year (before adjustment). the company prepares an analysis of customers' accounts and estimates the amount of uncollectible accounts to be $31,900. which of the following adjusting entries is needed to record the bad debt expense for the year? a. debit allowance for doubtful accounts, $34,200; credit bad debit expense, $34,200b. debit allowance for doubtful accounts, $29,600; credit bad debit expense, $29,600c. debit bad debt expense, $29.600; credit allowance for doubtful accounts, $29,600d. debit bad debt expense, $29.600; credit allowance for doubtful accounts, $34,200
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Allowance for doubtful accounts has a debit balance of $2,300 at the end of the year (before adjustm...
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