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Gonzalez Company has been in business several years. At the end of the current year, the ledger shows the following Accounts Receivable 306,600 Dr. Sales
Gonzalez Company has been in business several years. At the end of the current year, the ledger shows the following Accounts Receivable 306,600 Dr. Sales Revenue Allowance for Doubtful Accounts 2,351,600 Cr. ,200 Cr. Bad debts are estimated to be 9% of accounts receivables. Prepare the entry to adjust Allowance for Doubt indented when amount is entered. Do not indent manually) Accounts (Cre it accountiisare automatically Account Titles and Explanation Debit Credit
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