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At January 1, 2018, Winding Mountain Flagpoles had Accounts Receivable of $30,000, and Allowance for Bad Debts had a credit balance of $4,000 Duning
At January 1, 2018, Winding Mountain Flagpoles had Accounts Receivable of $30,000, and Allowance for Bad Debts had a credit balance of $4,000 Duning the year, Winding Mountain Flagpoles recorded the following Click the icon to view the transactions) Read the requirements Requirement 1. Journalize Winding's transactions that occurred during 2018. The company uses the allowance method (Record debts first, then credits. Select the explanation on the last line of the journal entry table) (a) Sales of $181,000 ($165,000 on account, $16,000 for cash) ignore Cost of Goods Sold (Prepare a single compound journal entry) Date 2018 Accounts and Explanation Debit Credit
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