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1 Question 12. Sales returns are estimated to be a percentage of current receivables only. Make the journal entry to estimate the amount of sales

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1 Question 12. Sales returns are estimated to be a percentage of current receivables only. Make the journal entry to estimate the amount of sales returns. Current receivables 162,000 3% Sales returns are estimated to be a percentage of current receivables only. Older receivables had already been figured in, during earlier months

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