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NEED HELP ASAP! THANKS! A partially compieted aging of receivabies schedule for Lindy Designs follows: a. Determine the amount estimated to be uncoliectible by completing
NEED HELP ASAP! THANKS!
A partially compieted aging of receivabies schedule for Lindy Designs follows: a. Determine the amount estimated to be uncoliectible by completing the aging of receivables schedule. Round calculations to the nearest dollar. b. If Allowance for Doubtful Accounts has a credit balance of $9,700, fournalize the adjusting entry for the bad debt expense for the yean if an amount box does not require an entry, leave it blank; c. If Alawance for Doubtful Accounts has a debit balance of 39,700 , journalite the adjusting entry for the bad debt expense for the year. If an amount box dimes not requlfe an entry, leave it blank. b. If Altowance for Doubtful Accounts has a credit balance of $9,700, fournalize the odjusting entry for the bad debt axpense for the year, If an amount box does nor require an entry. leave it blank: c. If Aliowsince for Doubtrul Accounts has a debit balance of $9,700, joumalize the adjusting entry for the bad debt expense for the year. If an amount box does not, require an try, leave it blank Step by Step Solution
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