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i am in test. POTROW THTer Question Completion Status: 10 234567891011 Recycle -> Moving to the next question prevents changes to this answer Question 4

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POTROW THTer Question Completion Status: 10 234567891011 Recycle -> Moving to the next question prevents changes to this answer Question 4 of 11 Question 4 11 points Save Answer Firefc On January 1, 2019, the Accounts Receivable balance had a debit balance of $122,000 and the Allowance for Doubtful Accounts had a credit balance of $5,850. In 2019, The Wishful Company had sales of $988,000 on account. $852,800 was collected in cash. Past experiences indicate that 2% of net sales become uncollectible. Explo Part la: What is the 12/31/19 balance in Accounts Receivable? 3 point Part 1b: Using the percentage of credit sales method, prepare the December 31, 2019 adjusting entry. 5 points Part 1c: Show the 12/31/19 balance sheet presentation of Accounts Receivable 3 points Excel 2 T T T Arial 3 (12pt) V E Foxit Rel Email Cucina Dr.... Type here to search S

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