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Your company uses the percentage-of-sales method to estimate bad debts. You have $4,000,000 of credit sales,...

Your company uses the percentage-of-sales method to estimate bad debts. You have $4,000,000 of credit sales, of which estimate 4% will be uncollectible. You currently have a $35,000 credit balance in A4UA. Journalize the bad debt expense for the period. What is the ending A4UA balance?

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