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Aging Method Bad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided the following aging schedule for Cayce's accounts receivable: table
Aging Method Bad Debt Expense
Cindy Bagnal, the manager of Cayce Printing Service, has provided the following aging schedule for Cayce's accounts receivable:
tabletableAccountsReceivable CategoryAmount,tableProportion Expectedto Default days,$ days, days,Over days,$
Cindy indicates that the $ of accounts receivable identified in the table does not include $ of receivables that should be written off.
Required:
Journalize the $ writeoff. If an amount box does not require an entry, leave it blank.
Record writeoff of defaulted account
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