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Cedar Mill,Inc

Question 167

Multiple Choice

Cedar Mill,Inc.uses the Aging of Accounts Receivable method for estimating uncollectible accounts.The accounting records show the following information at the end of the year: Cedar Mill,Inc.uses the Aging of Accounts Receivable method for estimating uncollectible accounts.The accounting records show the following information at the end of the year: If the unadjusted credit balance in the Allowance for Doubtful Accounts account before is $30,000,what would be the amount of the adjustment for bad debts? A) $128,000 B) $158,000 C) $90,000 D) $69,000 If the unadjusted credit balance in the Allowance for Doubtful Accounts account before is $30,000,what would be the amount of the adjustment for bad debts?


A) $128,000
B) $158,000
C) $90,000
D) $69,000

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