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At the end of the first year of operations, Darth Maul Manufacturing had gross accounts receivable of $224,000. Darth Maul's management estimates that 7% of
At the end of the first year of operations, Darth Maul Manufacturing had gross accounts receivable of $224,000. Darth Maul's management estimates that 7% of the accounts will prove uncollectible. What journal entry should Darth Maul Manufacturing record to establish an allowance for uncollectible accounts? If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 > Record an allowance for uncollectible accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit 1
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