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At January 1, 2024, Winding Mountain Flagpoles had Accounts Receivable of $26,000, and Allowance for Bad Debts had a credit balance of $4,000. During the

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At January 1, 2024, Winding Mountain Flagpoles had Accounts Receivable of $26,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year, Winding Mountain Flagpoles recorded the following transact i (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize Winding's transactions that occurred during January. The company uses the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) (a) Sales of $186,000 ($165,000 on account, $21,000 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry ) Date Accounts and Explanation Debit Credit 2024 Jan Cash 21,000 rning imited Help me solve this Demodocs example Get more help - YO Goztep

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