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    misha2006 Posts: 4, Reputation: 1
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    Nov 6, 2013, 06:45 PM
    Balance Sheet Approach
    A company has a balance in Accounts Receivable of $22,300. Net credit sales for the year were $515,000. The Allowance for Doubtful Accounts has a debit balance of $615. How do you journalize the recording of the bad debt expense under the balance sheet approach if $1,510 is estimated amount of uncollectible accounts.

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