Business, 24.10.2019 01:30 amandasantiago2001
The company estimates future uncollectible accounts. the company determines $5,500 of accounts receivable on january 31 are past due, and 20% of these accounts are estimated to be uncollectible. the remaining accounts receivable on january 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (hint: use the january 31 accounts receivable balance calculated in the general ledger.) record the adjusting entry for uncollectible accounts. note: enter debits before credits.
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The company estimates future uncollectible accounts. the company determines $5,500 of accounts recei...
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