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On December 31,Ferndale Enterprises Has an $800 Debit Balance in Allowance

Question 10

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On December 31,Ferndale Enterprises has an $800 debit balance in Allowance for Uncollectible Accounts.If an accounts receivable aging method analysis indicated that an estimated $6,400 of December 31 receivables are uncollectible,for what amount would the adjusting entry for uncollectible accounts be recorded? (Show your work. )

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$7,200 ($6...

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