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CALAFU PHINI YA NEAT s Exercise 227 On December 31, 2021, when its Allowance for Doubtful Accounts had a credit balance of $1,500, Novak Corp.

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CALAFU PHINI YA NEAT s Exercise 227 On December 31, 2021, when its Allowance for Doubtful Accounts had a credit balance of $1,500, Novak Corp. estimates that 7% of its accounts receivable balance of $91,600 will become uncollectible. On March 3, 2022. Novak Corp. determined that Megan Dost's account of $1,060 was uncollectible. On May 15, 2022, lost paid the amount previously written off Prepare the journal entries for December 31, 2021, March 3, 2022 and May 15, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit I To testate an account previously written off) . (To record payment on account Click if you would like to show Work for this question Open Show Work BOWLINT OF ACCOUNTS Question Attempts of 1 used VERRATER ET

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