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Accounts receivable ( 0 . 7 5 points ) Prepare the appropriate journal entries according to the following information: Dec. 3 1 A company's year
Accounts receivable points
Prepare the appropriate journal entries according to the following information:
Dec. A company's yearend accounts receivable amount to It is estimated that of the accounts receivable will be uncollectible. The balance of the "Accumulated Impairment of accounts receivable I Allowance of Doubtful Accounts" account has a credit balance of before adjustment.
Feb. The company considers uncollectible a receivable from a customer on bankruptcy,
Financial Asset points
Prepare the appropriate journal entries according to the following information:
Nov. The company buys at share shares of another company, with nominal value for shortterm speculative purposes; broker's commission of
Dec. The shares are listed at share. Record adjustment if necessary.
May The company sells all shares for share, with a broker's commission of
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