Using the balance sheet approach,the balance in Allowance for Doubtful Accounts is taken into consideration when finding the adjustment.

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According to the balance sheet approach, the balance in Allowance for Doubtful Accounts is considered when calculating the adjustment as it represents the estimated amount of accounts receivable that may not be collected. This adjustment is made to ensure that the balance sheet accurately reflects the true value of the accounts receivable.

Using the Balance Sheet Approach,the Balance in Allowance for Doubtful