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Mail-D X D Quality A ch: How Sort x2 whyx Chat O bride x Com/courses/36644/assignments/4508092 x + View Policies Current Attempt In Progress The ledger
Mail-D X D Quality A ch: How Sort x2 whyx Chat O bride x Com/courses/36644/assignments/4508092 x + View Policies Current Attempt In Progress The ledger of Shamrock, Inc. at the end of the current year shows Accounts Receivable $89.000 Credit Sales $845,000, and Sales Returns and Allowances $38.000 (a) If Shamrock uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Shamrock determines that Matisse's $750 balance is uncollectible (b) If Allowance for Doubtful Accounts has a credit balance of $1.300 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 11% of accounts receivable. c) If Allowance for Doubtful Accounts has a debt balance of $500 in the trial balance, journalire the adjusting entry at December 31, assuming bad debts are expected to be 9% of accounts receivable. Prepare journal entries to record the above transactions. Credit account titles are automatically indeed when amount is entered. Do not inden manual Account Titles and Explanation Debit Credit No. Date (a) Dec 31 (6) Dec. 31 (6) Dec. 31 e Textbook and Media MacBook Prol 80
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