Adjustment for Uncollectible Accounts Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $75,579. Assume that the allowance for doubtful accounts for Kirchhoff Industries has a credit balance of $15,870 before adjustment on August 31.
Required:
Journalize the adjusting entry for uncollectible accounts as of August 31.
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Adjustment for Uncollectible Accounts Kirchhoff Industries has computed that the proper balance for...
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