Current Attempt in Progress Your answer is partially correct. Marin has been in business several years....
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Current Attempt in Progress Your answer is partially correct. Marin has been in business several years. At the end of the current year, the unadjusted trial talance shows: Accounts Receivable $294.000 Dr. Sales Revenue 2.192800 Cr. Allowance for Doubtul Accounts 5625 Cr. Bad debts are estimated to be 76 of receivables. Prepare the entry to adunt Allowance for Doubtful Accounts. Credit account tities are automatically indented when amount h entered. Do not indent manually Account Titles and Explanation Debit Credit 34995 Bad Drbt Esperse 1499 Allowance tor DoubuAccount eTextbook and Media List of Accounts Current Attempt in Progress Your answer is partially correct. Marin has been in business several years. At the end of the current year, the unadjusted trial talance shows: Accounts Receivable $294.000 Dr. Sales Revenue 2.192800 Cr. Allowance for Doubtul Accounts 5625 Cr. Bad debts are estimated to be 76 of receivables. Prepare the entry to adunt Allowance for Doubtful Accounts. Credit account tities are automatically indented when amount h entered. Do not indent manually Account Titles and Explanation Debit Credit 34995 Bad Drbt Esperse 1499 Allowance tor DoubuAccount eTextbook and Media List of Accounts
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Bad debt expense for the y ear 7 of 294000 Account rece... View the full answer
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
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