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Discount Mart utilizes the allowance method of accounting for uncollectible receivables. On December 12, the company receives a ssso check from Chad Thomas in settlement
Discount Mart utilizes the allowance method of accounting for uncollectible receivables. On December 12, the company receives a ssso check from Chad Thomas in settlement of Thomas's $1,400 outstanding accounts receivable. Due to Thomas Talling health, he is dosing his company and is expecting to make no further payments to Discount Mart. Toumate this transaction If an amount box does not require an entry, have it blank Dec 12
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