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Need help with bank reconciliation problem Chapter Twelve: Accounts Receivable/Notes Receivable Worksheet Complete the following estimation of bad debt expense using aging. Industry averages show
Need help with bank reconciliation problem Chapter Twelve: Accounts Receivable/Notes Receivable Worksheet Complete the following estimation of bad debt expense using aging. Industry averages show that 97% of accounts receivable 0-30 days past due will pay, 88% of accounts receivable 31-60 days past due will pay, 50% of accounts receivable 61-90 days past due will pay, and 12% of accounts receivable 91 days past due and over will pay. The unadjusted allowance for bad debt is currently $17.000 debit. After completing the worksheet, create the journal transactions that would be included with process 280 02014
Need help with bank reconciliation problem
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