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December 31, 2021, before any year-end ad,ustenents, the Accounts Recelvable balance of Solar Power Manulacturing, Inc, is $320,000. The Allowance for Uncoloctitle Accounts has a(n)

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December 31, 2021, before any year-end ad,ustenents, the Accounts Recelvable balance of Solar Power Manulacturing, Inc, is $320,000. The Allowance for Uncoloctitle Accounts has a(n) 22,000 credit balance, Solar Power Manufacturing prepares the following aging schedule for Accounts Receivable: (Click the icon to view the aging schedule.) tead the requirements. The credit balance at December 31 in Alowance for Uncollectible Accounts should be The carrent balance is Thus, the cunent balance of the atowance acopunt is Requirement 2. Make the entry required by the aging schedule. Prepare a Traccount for the alowance. First, make the entry required by the aping schedule. (Rocord debis first, then credits. Ciclude explanafons from ary foumal arkies ) Data table The credit balance at December 31 in Allowance for Uncollectible Accounts should be The current balance is Thus, the current balance of the allowance account is Requirement 2. Make the entry required by the aging schedule. Prepare a T-account for the allowance. First, make the entry required by the aging schedule. (Record debits first, then credits. Exclude explanations from any joumal entries.)

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