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60 Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-acocunt for the Allowance for

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Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-acocunt for the Allowance for Bad Debts at December 31,2024. Begin by determining the target balance of Allowance for Bad Debts by using the age of each account

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