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Example: In the year 2019 Accounts Receivable balance is 10,000. We estimate bad debt expense of 1,000. Use the Allowance Method. Date 1 2
Example: In the year 2019 Accounts Receivable balance is 10,000. We estimate bad debt expense of 1,000. Use the Allowance Method. Date 1 2 GENERAL JOURNAL Page Description: Post Debit Credit ref 1 2 Net Realizable Value of Receivables on BS: 9,000
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