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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
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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