20. Record the following journal entries during Joe's first months of operations: (.5 Mark Each) a)...
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20. Record the following journal entries during Joe's first months of operations: (.5 Mark Each) a) Performed various services for elients on account for $165,0000 b) Collected $80,000 from credit customers c) Estimated bad debt expense to be $40,000 d) Decided Mary would never pay her account outstanding of $3,000 20. Record the following journal entries during Joe's first months of operations: (.5 Mark Each) a) Performed various services for elients on account for $165,0000 b) Collected $80,000 from credit customers c) Estimated bad debt expense to be $40,000 d) Decided Mary would never pay her account outstanding of $3,000
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Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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