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Account Receivable Ending Balance 1,718,405 Since the inception of your company, you have been able to collect 88% of your ending accounts receivable balance from
Account Receivable Ending Balance 1,718,405 Since the inception of your company, you have been able to collect 88% of your ending accounts receivable balance from customers that bought your product on the account. Based on this information, adjust your allowance for bad debt account.NOTE: Use your 2019 ending accounts receivable balance to make this calculation. Please show steps of how to calculate as well as the journal entries.
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