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K Data table Precious Figurines Collection had the following balances at December 31, 204, before the year-end adjustments: Requirement 1. Journalize Precious Figurines' entry to
K Data table Precious Figurines Collection had the following balances at December 31, 204, before the year-end adjustments: Requirement 1. Journalize Precious Figurines' entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts Dec. Date Accounts Receivable Estimated percent uncollectible $ 31 0-60 Days 67,000 x 3% Age of Accounts Receivable Over 60 Days 6,000 $ x 24% Total Receivables $ 73,000 - X Debit Credit Data table Accounts Receivable 73,000 Allowance for Bad Debts 2,188 Requirement 1. Joumalize Precious Figurines' entry to record bad detts expense for 2024 using tho aging-of-recervabies mothod. (Record debis firt, then credi Seloct the explanation on the last line of the joumal entry table.)
K Data table Precious Figurines Collection had the following balances at December 31, 204, before the year-end adjustments: Requirement 1. Journalize Precious Figurines' entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts Dec. Date Accounts Receivable Estimated percent uncollectible $ 31 0-60 Days 67,000 x 3% Age of Accounts Receivable Over 60 Days 6,000 $ x 24% Total Receivables $ 73,000 - X Debit Credit Data table Accounts Receivable 73,000 Allowance for Bad Debts 2,188
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