An aging of a company's accounts receivable indicates that $5,000 are estimated to be uncollectible.If Allowance for Doubtful Accounts has a $2,000 debit balance, the adjustment to record bad debts for the period will require a

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The adjustment needed is to bring the Allowance for Doubtful Accounts to the estimated uncollectible amount of $5,000. Since there is already a $2,000 debit balance, an additional $7,000 debit to Bad Debts Expense is required to offset this and reach the desired $5,000 credit balance.

An Aging of a Company's Accounts Receivable Indicates That $5,000