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2 2 polnits 800-42-46 Skipped eBook Grover Incorporated uses the allowance method to account for uncoll following four accounting events in Year 1: 1.
2 2 polnits 800-42-46 Skipped eBook Grover Incorporated uses the allowance method to account for uncoll following four accounting events in Year 1: 1. Recognized $74,000 of revenue on account. 2. Collected $68,000 cash from accounts receivable. 3. Wrote off uncollectible accounts of $800. 4. Recognized uncollectible accounts expense. Grover estimated that account. Required a. Show the effect of each event on the elements of the financial sta - for decrease, and blank for not affected. In the Statement of Cas (OA), Investing activity (IA), financing activity (FA), or not affected ( b. Record the previous transactions In general Journal form. Hint 0 Complete this question by entering your answers in the tabs Files Required A Required B
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