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At December 31, 2016, Erwin Graphics has a $8,550 debit balance in Allowance for Uncollectible Accounts. It estimates that 6 percent of the $89,000 in
At December 31, 2016, Erwin Graphics has a $8,550 debit balance in Allowance for Uncollectible Accounts. It estimates that 6 percent of the $89,000 in sales are uncollectible. Prepare the journal entry to record the year end adjustment for the uncollectible accounts. Show your work. (4 Pts) GENERAL JOURNAL page 1 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 2 2 3 13
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Law, Business And Society
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker
12th Edition
1259721884, 978-1259721885
