Required Analyzing the information presented in the T-accounts above, identify the dollar value related to each of

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Required Analyzing the information presented in the T-accounts above, identify the dollar value related to each of the following:

a. Credit sales during the period.
b. Collection of credit sales made during the period.
c. Write-off of an uncollectible account.
d. Recovery of the account previously written off.
e. The adjusting entry to estimate bad debts.

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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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Question Posted: Mar 08, 2016 08:06 AM

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Required Analyzing the information presented in the T-accounts above, identify the dollar value related to each of

Question:

Accounts Recelvable Allowance for Doubtful Accounts Dec. 31/13 Balance 78,000 2,900 Dec. 31/13 Balance 420,000 448,000 3,250 210 210 210 3,250 2,600 Dec. 31/14 Balance 46,750 2,460 Dec. 31/14 Balance

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Fundamental Accounting Principles

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