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Comfort realty has been in business five years. The ledger at the end of the current year shows: Account receivable $30,000 Dr. Sales .$180,000 Cr
- Comfort realty has been in business five years. The ledger at the end of the current year shows:
Account receivable $30,000 Dr.
Sales .$180,000 Cr
Allowance for doubtful account....$2,000 Dr
Bad debt are estimated to be 10% of receivables. Prepare the entry to adjust the allowance for doubtful accounts
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Tips For The New Auditor
Authors: Marty Sturino
1st Edition
1733097813, 978-1733097819
