Business, 28.05.2021 04:30 marissastewart533

Cullumber Company reports the following financial information before adjustments. Dr. Cr. Accounts receivable 76,000 Allowance for doubtful accounts 900 Sales revenue (all on credit) 740,000 Sales returns and allowances 33,000 Prepare the journal entry to record Bad Debt Expense assuming Cullumber Company estimates the necessary allowance for doubtful accounts at (a) 2% of accounts receivable.

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Cullumber Company reports the following financial information before adjustments. Dr. Cr. Accounts r...