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KELLY GREEN CORP USED THE ALLOWANCE METHOD FOR ESTIMATING BAD DEBTS. THE SALES FOR THE YEAR WERE A TOTAL OF $1450000. THE UNADJUSTED BALANCE FOR
KELLY GREEN CORP USED THE ALLOWANCE METHOD FOR ESTIMATING BAD DEBTS. THE SALES FOR THE YEAR WERE A TOTAL OF $1450000. THE UNADJUSTED BALANCE FOR ACCOUNTS RECEIBABLE WAS $190000 DEBIT BALANCE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS 3500 BALANCE. WHAT IS THE JOURNAL ENTRY. kelly green estimates 6% of accounts recevable will be uncollectible
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
