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On December 31, the following accounts were taken from the trial balance of Igare International. Sales (all credit sales) Accounts receivable Allowance for doubtful
On December 31, the following accounts were taken from the trial balance of Igare International. Sales (all credit sales) Accounts receivable Allowance for doubtful accounts Debit $ 160,000 Management estimates uncollectible accounts 1 percent of sales. Management decided to write off accounts totaling $ 1,800. Prepare appropriate journal entries. Credit $2,000,000 300
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