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Chapter 8 Assignment Question 1 of 2 View Policies Current Attempt in Progress Splish Fashions has been in business several years. At the end of
Chapter 8 Assignment Question 1 of 2 View Policies Current Attempt in Progress Splish Fashions has been in business several years. At the end of the current year, the ledger shows the following: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts R$ 343,000 Dr. 2,241,900 Cr. 5,100 Cr. Account Titles and Explanation Debit - / 1 Credit ||| Bad debts are estimated to be 6% of accounts receivable. Prepare the entry to adjust Allowance for Doubtful Accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry.) RED E :
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