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Ch 8 : Interactive Tutorial Assignment Question 5 of 8 - 1 vdotsvdots Crane Company has been in business several years. At the end of

Ch 8: Interactive Tutorial Assignment
Question 5 of 8
-1vdotsvdots
Crane Company has been in business several years. At the end of the current year, the unadjusted trial balance shows:
\table[[Accounts Receivable,$336,300Dr.],[Sales Revenue,2,034,100Cr.],[Allowance for Doubtful Accounts,5,730Cr.]]
Bad debts are estimated to be 6% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. (List debit entry before credit entry. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account
tifi.es and enter a for the amounts.)
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