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Dec.31. Records expected credit losses for the year by aningesting injury. Accounts written off during this first year havecreated a debit balance in the Allowance

"Dec.31. Records expected credit losses for the year by aningesting injury. Accounts written off during this first year havecreated a debit balance in the Allowance for doubtful accounts of$24,500. Journal Entries for Accounts and Notes Receivable Pomona, Inc., began business on January 1. Certain transactions for the year follow: Jun.8 Recelved a \( \$ 30,000,60 \) day, six percent note on acco 2 answers

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