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Match the December 31st adjusting entry for uncollectible accounts expense, using the aging method under the following assumptions. After analyzing the aging, the current year's
Match the December 31st adjusting entry for uncollectible accounts expense, using the aging method under the following assumptions. After analyzing the aging, the current year's estimate is that $200 is uncollectible. 1 Bad 2 debt exp Allowance 225 1. The allowance account has a credit balance of $25 225 Bad 1 15 175 debt exp Allowance 175 Next Pana 2. The allowance account has a debit balance of $25 Page 21 of 26
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