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5 At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $21,400. By the end of the year, actual bad debts
5 At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $21,400. By the end of the year, actual bad debts total $25,000 Required: 1. Record the write-off to uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.)
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