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Corbo Companys year-end unadjusted trial balance shows accounts receivable of $100,000, allowance for doubtful accounts of $500 (credit), and sales of $200,000. Uncollectibles are estimated
Corbo Companys year-end unadjusted trial balance shows accounts receivable of $100,000, allowance for doubtful accounts of $500 (credit), and sales of $200,000. Uncollectibles are estimated to be 1.0% of sales. Prepare the December 31 year-end adjusting journal entry for uncollectibles.
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Sampling Theory In The Auditing Of Nuclear Materials Accountancy Statistical Modeling Of Accountancy And Audit
Authors: Dictus
1st Edition
3844365427, 978-3844365429
