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29 September, 15:53

Prior to year-end adjusting entries, what would explain the allowance for uncollectible accounts having a debit balance?

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  1. 29 September, 16:13
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    Rankin would compose the following accustom entry at year end: December. On the incomes statement. Rankin would match the bad debt expense against sales credit in the period. The allowance for Doubtful Accounts can have each of two a debit or credit balance before the year-end adjustment.
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