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b . Journalize the write - offs under the allowance method. Also, journalize the adjusting entry for uncollectible accounts. The company recorded $ 4 ,

b. Journalize the write-offs under the allowance method. Also, journalize the adjusting entry for uncollectible accounts. The company recorded $4,910,000 of credit sales during the year. Based on past history and industry averages, 134% of credit sales are expected to be uncollectible. If an amount box does not require an entry, leave it blank.
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