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Karen Broderick commenced business on 1 July 2018. On 30 June 2018, she found that she had written off debts amounting to $1,875. In addition,
Karen Broderick commenced business on 1 July 2018. On 30 June 2018, she found that she had written off debts amounting to $1,875. In addition, she found it necessary to provide an allowance for doubtful debts of $3,030. The appropriate journal entries in relation to the above bad debt expenses/allowance for doubtful debts on 30 June 2019 will include the following line: Select one: Dr Bad debts $1,875 None of these Cr Allowance for doubtful debts $4,905 Cr Accounts receivable $3,030 Dr Allowance for doubtful debts $2,400
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