Business, 21.11.2019 00:31 jadentdaniels

Indigo, inc. had net sales in 2020 of $1,471,700. at december 31, 2020, before adjusting entries, the balances in selected accounts were accounts receivable $385,300 debit, and allowance for doubtful accounts $4,410 credit. if indigo estimates that 6% of its receivables will prove to be uncollectible. prepare the december 31, 2020, journal entry to record bad debt expense

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Indigo, inc. had net sales in 2020 of $1,471,700. at december 31, 2020, before adjusting entries, th...