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FULL SCREEN PRINTER VERSION BACK NEXT Question 18 Accounts receivable transactions are provided below for Sunland Co Dec 31, 2020 The company estimated that 4%
FULL SCREEN PRINTER VERSION BACK NEXT Question 18 Accounts receivable transactions are provided below for Sunland Co Dec 31, 2020 The company estimated that 4% of its accounts receivable would become uncollectible. The balance in the Accounts Receivable account and Allowance for Doubtful Accounts were $612,000 and $2.500 (debit), respectively Mar. 5, 2021 The company determined that RM 53,700 account and D. Wight's $7,400 account were uncollectible. The company's accounts recevable were 5646,500 before the accounts were written off June 6, 2021 Wight paid the amount that had been written off on March 5. The company's accounts receivable were $600,960 prior to recording the can recept for Wight. (a) Your answer is partially correct. Try again Prepare the journal entries on December 31, 2020, March 5, 2021, and June 6, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Ir no entry is required, select "No Entry for the account titles and enter for the amounts Record journal entries in the order presented in the problem.)
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