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Smart-T Corporation uses the aging-of-accounts-receivable method to estimate unc...
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Smart-T Corporation uses the aging-of-accounts-receivable method to estimate uncollectible receivables. At year end Smart-T estimates that $4,750 of its accounts receivable will be uncollectible. Prior to adjustment, the Allowance for Doubtful Accounts has a credit balance of $200. Bad debt expense to be reported on the income statement is:
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