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Majestic Travel experienced the following revenue and accounts recervable write-offs: (Click the icon to view the revenue and accounts receivable write-off information.) Majestic Travel estimates
Majestic Travel experienced the following revenue and accounts recervable write-offs: (Click the icon to view the revenue and accounts receivable write-off information.) Majestic Travel estimates bad debt expense to be $150. Requirements Journalize service revenue (all on account), bad debt expense, and write-ofis during March. Include explanations Is an Begin by preparing the journal entry for service revenue for the month of March. (Record debits first, then credits. Revenue and accounts receivable write-off information Finally, prepare the journal entry for the write-offs during March. Bad debt of $150 of uncollectiblo accounts based on January's and February's actual uncollected accounts
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