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COLLEGE Library MyQuest MyMail Contact Navigator Student Moodle Help Student Wellness Question 1 Incomplete answer Marked out of 1.00 Janelle Co Inc. generated $5.5 million

COLLEGE
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Student Moodle
Help
Student
Wellness
Question 1
Incomplete
answer
Marked out of
1.00
Janelle Co Inc. generated $5.5 million in credit sales during the current year. Based on past
experience, it is estimated that 1.5% of all credit sales will prove to be uncollectible. The balance
of the allowance for doubtful accounts at December 31 is $8,900 credit. Accounts receivable at
December 31 consists of the following:
Account Classification
P Flag question
Amount
1-30 days
31-60 days
61-90 days
$850,000
91-120 days
175,000
120,000
50.000
Over 120 days
20,000
Faci
Hel
For each transaction, drag and drop the correct account to debit

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