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Accounts receivable at the end of the month are 800,000 TL. Bad debts are estimated to be 1.5% of accounts receivable. If Allowance for Doubtful
Accounts receivable at the end of the month are 800,000 TL. Bad debts are estimated to be 1.5% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of 1,000 TL before adjusting entries, what is the balance after adjustment?
7.000 TL
11.000 TL
12.000 TL
13.000 TL
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Auditing Principles And Techniques
Authors: Prof. A.R. Solanki
1st Edition
9350533979, 9789350533970
