Question
Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible. Give any amount of sales and prepare
Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.
Give any amount of sales and prepare the journal entry using the percent of sales method. (1Mark)
I know that the answer is existed in Chegg. However, I want a different and a unique answer and I want it simple to understand. Please use your OWN words.
Thank you.
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Factory Business System Audit Lean Manufacturing
Authors: Rolf Thorsten
1st Edition
1091908583, 978-1091908581
