Umbrella.com had the following balances on December 31, 2018, before the year-end adjustments: The aging of receivables

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Umbrella.com had the following balances on December 31, 2018, before the year-end adjustments:

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The aging of receivables yields these data:

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Journalize Umbrella?s entry to adjust the allowance account to its correct balance on December 31, 2018.

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Financial Accounting

ISBN: 978-0134727790

5th edition

Authors: Robert Kemp, Jeffrey Waybright

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