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1. Barr Company showed the following at year end: Allowance for doubtful accounts (debit balance)( 16,000); Net sales P 7,100,000. The entity estimated for its

1. Barr Company showed the following at year end: Allowance for doubtful accounts (debit balance)( 16,000); Net sales P 7,100,000. The entity estimated for its uncollectible receivables at 2% of net s...

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