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can someone explain how I can solve this please, but I want the explanation too not only the answers? thank you . cricket 12:17 PM
can someone explain how I can solve this please, but I want the explanation too not only the answers? thank you . cricket 12:17 PM 24 67% E Expert Q&A Done Cash sales S 2,117,130 Credit sales 3,326,000 Accounts receivable S 1,007,778 debit Allowance for doubtful accounts 25,330 debi Prepare the adjusting entry for this company to recognize bad debts under each of the following independent assumptions. a. Bad debts are estimated to be 4% of credit sales. b. Bad debts are estimated to be 3% of total sales. c. An aging analysis estimates that 7% of year-end accounts receivable are uncollectible
can someone explain how I can solve this please, but I want the explanation too not only the answers? thank you
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