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My company uses the percent of sales method to calculate the allowance for uncollectible accounts and bad debt for our customers. I have $ 5
My company uses the percent of sales method to calculate the allowance for uncollectible accounts and bad debt for our customers. I have $ in sales for My allowance account has a current balance of $ My estimation for percent uncollectible is What is the my journal entry for recording the estimate for bad debt?
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The Changing Face Of American BankingDeregulation, Reregulation, And The Global Financial System
Authors: Ranajoy Ray Chaudhuri
3rd Edition
1137365811, 9781137365811
