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Management at Dextera Co. estimates that 5% of the ending Accounts Receivable balance will be uncollectible. At the end of their first year of operations,
- Management at Dextera Co. estimates that 5% of the ending Accounts Receivable balance will be uncollectible. At the end of their first year of operations, the ending balance in Accounts Receivable is $36,000.
- Prepare the journal entry to record Bad Debt Expense
12/31/x1 |
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