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Business, 20.04.2021 18:50 Mackjrmario
On December 31, before adjusting entries, Accounts Receivable had a debit balance of $100,000, and the Allowance for Doubtful Accounts had a credit balance of $3,000. Credit sales for the year were $800,000. If credit losses are estimated at 1% of credit sales:
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On December 31, before adjusting entries, Accounts Receivable had a debit balance of $100,000, and t...
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