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please prepare required journal entries for the above events on december 31,2020 Question 9 20 pts Your company--ABC Company estimated its bad debts equal to
please prepare required journal entries for the above events on december 31,2020
Question 9 20 pts Your company--ABC Company estimated its bad debts equal to 8.5% of its $925,000 credit sales for the year 2020. On December 31, 2020 your company made an adjustment for the 8.5% amount. On September 30, 2021 the management decided that $10,000 account of Brian Kane was uncollectible and wrote it off using Allowance for Doubtful Accounts. On December 31, 2021 Brian Kane returned and paid his account in full. Please prepare the required journal entries for the above events on December 31, 2020, September 30, 2021, and December 31, 2021. HTML Editor BIVA - AI E331 x , Ve GT 12pt Paragra a O Step by Step Solution
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