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(answered) – 1) Estimate the required balance of the Allowance for Doubtful

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(answered) – 1) Estimate the required balance of the Allowance for DoubtfulDescriptionSolution downloadThe Question1)?Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2015, using the aging of accounts receivable method.2)?Prepare the adjusting entry to record bad debts expense at December 31, 2015.