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Business, 13.07.2019 04:30 etxchrissy

The allowance for bad debts account has a credit balance of $ 8 comma 300 before the adjusting entry for bad debts expense. after analyzing the accounts in the accounts receivable subsidiary ledger using the aging-of-receivables method, the company's management estimates that uncollectible accounts will be $ 15 comma 000 . what will be the balance of the allowance for bad debts reported on the balance sheet?

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