Question: GMP requires compwies to use the allowance method bechuse it follows the mabching principle. Denpelleet Pepereioumai enties for each tremaction lithed. 3 . Adiation Entrifloe

GMP requires compwies to use the allowance method bechuse it follows the mabching principle.
Denpelleet
Pepereioumai enties for each tremaction lithed.
3. Adiation Entrifloe Bad.Dehts: At the end of June, bad debt expense is estimaned no be $11.000
Het - Be wre 10 watch Chap 8 Video 110 understand the two joumar enties needed when using the allowance method is account for bad debt.
Journal entry worksheet
12
Record the eutimanes has debt eaperes of 313,000.
GMP requires compwies to use the allowance method

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