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Exercise 7 - 1 2 ( Static ) Percent of sales method LO P 3 Warner Company's year - end unadjusted trial balance shows accounts
Exercise Static Percent of sales method LO P
Warner Company's yearend unadjusted trial balance shows accounts receivable of $ allowance for doubtful accounts of $credit and sales of $ Uncollectibles are estimated to be of sales.
Prepare the December yearend adjusting entry for uncollectibles.
Journal entry worksheet
Record the estimate of uncollectibles.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CredittableDecember
of
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