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Sagot :
Answer:
Bad debt expense
To Allowance for doubtful accounts
(Being the bad debt expense is recorded)
Explanation:
The adjusting entry using the allowance method for recording the predicted uncollectible account is as follows:
Bad debt expense
To Allowance for doubtful accounts
(Being the bad debt expense is recorded)
Here the bad debt expense is debited as it increased the expenses and credited the allowance for doubtful account as it decreased the assets
Therefore the above represent the bad debt expense
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