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computing adjustments for incollectible accounts, depreciation, and payroll items For each if the following independent sistuations, indicate the adjusting entry that must be made on
computing adjustments for incollectible accounts, depreciation, and payroll items For each if the following independent sistuations, indicate the adjusting entry that must be made on the December 31, 2019, worksheet. Omit descriptions. a. during the year 2019, sampson company had net credit sales of $1,950,000. past experince shows that 1.5 percent of the firm's net credit sales result in uncollectible accounts. b. equipment purchased by park consultancy for $38,220 on january 2, 2019, has an estimated useful life of 10 years and an estimated salvage value of $2,700. what adjustment for deprecitation should be recorded on the firm's worksheet for the years ended December 31, 2019 C. on december 31, 2019, giant plumbimg supply owed. wages of $11,400 to its factory employees who are paid weekly. D. on December 31, 2019, giant plumbing supply owed the employer social security ( 6.2 percent) and medicare (1.45 percebt) taxes on the entire $11,400 of accrued wages for its factory employees
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