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Estimates for bad debt losses: a. Based on ending balance of accounts receivable, 8%. b. Based on aging schedule (excludes Slo's account): Required: 1. Give
Estimates for bad debt losses: a. Based on ending balance of accounts receivable, 8%. b. Based on aging schedule (excludes Slo's account): Required: 1. Give the entry to write off customer Slo's long-overdue account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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