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Before the year end adjustments, Company L's allowance for doubtful accounts balance of $7,000DR The year-end balance for the allowance for the allowance for doubtful
Before the year end adjustments, Company L's allowance for doubtful accounts balance of $7,000DR The year-end balance for the allowance for the allowance for doubtful accounts will be based on the aging schedule shown. Comblete the table for the estimated amount of bad debt of each aging categorv a) Prepare the journal entry to record bad debt expense at year-end (December 31, 2015), using the balance sheet method. b) Prepare the journal entry to record the write-off of Customer A's account on March 31, 2016 for c) On May 1st, Custcmer A returns and pays the account in full. Prepare the journal transactions to reverse the write-off and record the payment
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