Question
K. Brant $800 $600$200 D. Eaton 500300 200 S Klein 550 150 400 At the beginning of the period, ABC had balances
K. Brant
$800
$600$200
\ D. Eaton 500300 200\ S Klein 550\
150
\
400
\ At the beginning of the period,
ABC
had balances in Accounts Receivable of
$100,000
and in Allowance for Doubtful Accounts of
$56
(credit). Prepare a journal entry to record the above estimate using the following Chart of Account.\ Chart of Account\ Account No.\ 1\ 2\ 3\ 4\ 5\ 6\ 7\ Description\ Cash\ Sales Revenue\ Accounts Receivable\ Allowance for Doubtful Accounts\ Bad Debt Expense\ Sales Return and Allowance\ Sales Discount\ Enter the Account No, and amount for the entry.\ \\\\table[[Debit,Credit,Amount],[,,],[,,]]
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