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Current Attempt in Progress Carla Company reports the following financial information before adjustments Dr. Cr. Accounts Receivable $139,800 Allowance for Doubtful Accounts $3,160 Sales Revenue
Current Attempt in Progress Carla Company reports the following financial information before adjustments Dr. Cr. Accounts Receivable $139,800 Allowance for Doubtful Accounts $3,160 Sales Revenue (all on credit) Sales Returns and Allowances 51.950 Prepare the journal entry to record bad debt expense assuming Carla Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,450 debit balance. Of no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit
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