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Fast2F Fast2F
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The general ledger controlling account for Accounts Receivable shows a debit balance of $120,000. The Allowance for Doubtful Accounts has a credit balance of $5,000. An aging report of accounts receivable accounts resulted in an estimate of $23,000 of uncollectible accounts receivable. Calculate the amount of the adjustment using the balance sheet approach.

Amount of the adjustment ________
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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LaffioLaffio
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Fast2F Author
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7 years ago
Correcttttt
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