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At December 31, Folgoys Colfee Company reports the following results for its calendar year. Its year-end unadjusted trial balance includes the following items. Prepare the

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At December 31, Folgoys Colfee Company reports the following results for its calendar year. Its year-end unadjusted trial balance includes the following items. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 3% of credit sales, (2) 1% of total sales and (3) 6% of year-end accounts receivable. Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 3% of credit sales. Note Enter sebis before dedith. Record Bad Debts Expense assuming uncollectibles are estimated to be 1% of total sales. Note: Enter debits before credits. Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 6% of year-end accounts recelvable. Notet Enter debits before credits

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