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help please. (54) At the end of the year. a company has a balance in Allowance for Uncollectible Accounts of $2,900 (debin) before adjustment. The
help please. (54)
At the end of the year. a company has a balance in Allowance for Uncollectible Accounts of $2,900 (debin) before adjustment. The balance of Accounts Recelvable is $178,000. The company estimates that 5% of accounts recelvable will not be collected over the next year Record the adjusting entry for uncollectible accounts. (If no entry is required for a porticular transoction/event, select "No Journal Required: Entry Required" in the first account field.) Journal entry worksheet Record the adjustment for uncollectible accounts, Notet Enter debits before credits Step by Step Solution
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