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Accounts Receivable Dec. 31/19 Balance 77,000 410,000 440,000 3,190 240 240 Dec. 31/20 Balance 43,810 Allowance for Doubtful Accounts 2,740 Dec. 31/19 Balance 240 3,190
Accounts Receivable Dec. 31/19 Balance 77,000 410,000 440,000 3,190 240 240 Dec. 31/20 Balance 43,810 Allowance for Doubtful Accounts 2,740 Dec. 31/19 Balance 240 3,190 2,800 2,590 Dec. 31/20 Balance Required: Analyzing the information presented in the T-accounts above, identify the dollar value related to each of the following: a. Credit sales during the period. b. Collection of credit sales made during the period. c. Write-off of an uncollectible account. d. Recovery of the account previously written off. e. The adjusting entry to estimate bad debts. Dollar value a. Credit sales during the period. b. Collection of credit sales made during the period. c. Write-off of an uncollectible account d. Recovery of the account previously written off e. The adjusting entry to estimate bad debts
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