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Please answer both questions, I will rate very positive!! thank you!! For question 7 there is a and b. for b prepare the adjusting entries
Please answer both questions, I will rate very positive!! thank you!!
For question 7 there is a and b. for b prepare the adjusting entries at March 31, to record bad debt expense.
Compute interest and find the maturity date for the following notes. (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275. Use 360 days for calculation.) Sheridan Company has accounts receivable of $87,400 at March 31,2022 . Credit terms are 2/10,n/30. At March 31,2022 , there is a $2,244 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below. (a) Determine the total estimated uncollectibles at March 31,2022. The total estimated uncollectibles
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