Solved by a verified expert :Problem P8-5A in Ch. 8: Problems: Set A at December 31, 2017, the trial balance of Malone Company contained the following amounts before adjustment. Debit??Credit Accounts Receivable $180,000 ?? Allowance for Doubtful Accounts $1500. ?? $875,000 Sales Revenue ?? (a) Prepare adjusting entry at December 31, 2017, to record bad debt expense, assuming that the schedule shows the 10,200 that?s uncollectible. Amount Uncollectible 10,200 Account Bad debt expense Debit $8700 Allowable for doubtful accounts Credit $8700 Debits on Doubtful accounts $1500 ______________________________________________________________________________
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