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3. At the end of the year, ABC Company had a credit balance in its allowance for uncollectible accounts of $18,000 before adjustment. The balance in ABC's gross accounts receivable is $685,000. ABC's management estimates that 9% of its accounts receivable balance will not be collected. What journal entry should ABC record to adjust its allowance for uncollectible accounts
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3. At the end of the year, ABC Company had a credit balance in its allowance for uncollectible accou...
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