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Homework Help Save& Exit S Check my w At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales 918,000

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Homework Help Save& Exit S Check my w At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales 918,000 t sales318,000 ts year-end unadjusted trial balance includes the following items. 143.000 debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) S% of credit sales, (t) 3% of total sales and (c) 8% of year-end accounts receivable. Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 5% of credit sales Note: Enter debts beftore credts 3 5 6 7 8

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