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Business, 03.04.2020 04:00 miguel454545

During its first year of operations, Buffalo Industries had credit sales of $3,018,700, of which $409,600 remained uncollected at year-end. The credit manager estimates that $19,460 of these receivables will become uncollectible.

Prepare the journal entry to record the estimated uncollectibles.

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During its first year of operations, Buffalo Industries had credit sales of $3,018,700, of which $40...

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