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A company uses the allowance method to account for uncollectible accounts. During the year, the company has actual bad debts of $21,000. Record the write-off
A company uses the allowance method to account for uncollectible accounts. During the year, the company has actual bad debts of $21,000.
Record the write-off of the uncollectible accounts.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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