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Brief Exercise 8-11 During its first year of operations, Fertig Company had credit sales of $3,000,000, of which $400,000 remained uncollected at year-end. The credit

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Brief Exercise 8-11 During its first year of operations, Fertig Company had credit sales of $3,000,000, of which $400,000 remained uncollected at year-end. The credit manager estimates that $10,000 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles. (Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation SHOW LIST OF ACCOUNTS VIDEO TUTORIAL VIDEO TUTORIAL y LINK TO TEXT LINK TO TEX 090, merchandise inventory

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