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I I need 10 through 13 thank you. No explanation needed 10. Happy Foods records an allowance for doubtful accounts, a they ule information: lle
I
I need 10 through 13 thank you. No explanation needed
10. Happy Foods records an allowance for doubtful accounts, a they ule information: lle last few months, so these entries have not been done. year-end this is the $1,200,000 Accounts Receivable 3% Estimated uncollectible Current balance in Allowance account $30,000 credit Record the adjustment to the allowance based on the above estimate of uncollectible accounts. 11. Which of the following transactions produces an increase in revenues? a. Sales of land at cost for cash b. Sales of a service on credit c. Collection of cash on account d. Receipt of cash from a bank loan 12. Give an example of a procedure that would provide a good internal control for cash. There are many correct answers to this question. You should give me just one and be specific 13. Mark those accounts that would still have a balance after the closing entries had been made with an X. Commission Revenue Cash Retained Earnings Dividends Salaries Payable Insurance Expense Accumulated DepreciationStep by Step Solution
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