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Business, 24.12.2019 03:31 zawnghkawng64361

At december 31, folgeys coffee company reports the following results for its calendar year. cash sales $ 900,000credit sales 300,000 its year-end unadjusted trial balance includes the following items. accounts receivable $ 125,000 debitallowance for doubtful accounts 5,000 debit a. prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 1.5% of credit sales. b.prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 0.5% of total sales. c.prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 6% of year-end accounts receivable.

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At december 31, folgeys coffee company reports the following results for its calendar year. cash sal...

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