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eBook Allowance For Doubtful Accounts Instructions Chart of Accounts General Journal Instructions McKinney & Co. estimates its uncollectible accounts as a percentage of credit sales.

eBook Allowance For Doubtful Accounts Instructions Chart of Accounts General Journal Instructions McKinney & Co. estimates its uncollectible accounts as a percentage of credit sales. McKinney made credit sales of $1,500,000 in 2019. McKinney estimates 2.5% of its sales will be uncollectible. Required: Prepare the journal entry to record bad debt expense for McKinney at the end of 2019.
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Allowance For Doubtful Accounts Instructions McKinney \& Co. estimates its uncollectible accounts as a percentage of credit sales. McKinney made credit sales o $1,500,000 in 2019. McKinney estimates 2.5% of its sales will be uncollectible. Required: Prepare the journal entry to record bad debt expense for McKinney at the end of 2019

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