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Business, 08.11.2019 01:31 summerhumphries3

Jensen corporation uses the percentage-of-sales method to estimate uncollectibles. net credit sales for the current year amount to $ 2,017,000 and management estimates 4​% will be uncollectible. the allowance for doubtful accounts prior to adjustment has a debit balance of $ 26,000. after all adjusting entries are​ made, the balance in allowance for uncollectible accounts will​ be:

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