Dunkin Brands is a specialty coffee roaster and marketer of branded freshroasted whole bean coffee and a

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Dunkin Brands is a specialty coffee roaster and marketer of branded freshroasted whole bean coffee and a wide variety of donuts and pastries. It recently disclosed the following information concerning the Allowance for Doubtful Accounts on its Form 10-K Annual Report submitted to the Securities and Exchange Commission. A summary of the Allowance for Doubtful Accounts is as follows (dollars in thousands):

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Required:

1. Record summary journal entries related to bad debts for Year 3.

2. Supply the missing dollar amounts noted by (?) for Year 1 and Year 2.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-1259964947

10th edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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