Question
Dynamic Exhibit Use the Dynamic Exhibit to answer the following questions. 1. When the percent of uncollectible accounts on current accounts is 1% and the
Dynamic Exhibit
Use the Dynamic Exhibit to answer the following questions.
1.When the percent of uncollectible accounts on current accounts is 1% and the unadjusted balance in allowance for doubtful accounts is a credit of $3,250, the entry for bad debt expense is adebit
to bad debt expense for $
2.When the percent of uncollectible accounts on current accounts is 2% and the unadjusted balance in allowance for doubtful accounts is a debit of $2,100, the entry for bad debt expense is adebit
to bad debt expense for $
3.When the unadjusted balance of Allowance for Doubtful Accounts is a debit of $2,100, and the percent of uncollectible accounts on current accounts is 2%, the adjusted balance at December 31 after the entry for uncollectible accounts is made is $
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