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Posh Supplies wrote off the following accounts receivable as uncollectible for the year ended December 31, 2020. Cameron Rex $3,400, Violet Thames $4,700, Donna
Posh Supplies wrote off the following accounts receivable as uncollectible for the year ended December 31, 2020. Cameron Rex $3,400, Violet Thames $4,700, Donna Scheiffer $2,300, Total = $10,400 The company prepared the following aging schedule for its accounts receivable on December 31, 2020. (Click the icon to view the aging schedule.) Required Dec. Date Accounts 31 Allowance for Doubtful Accounts Accounts Receivable-Cameron Rex Accounts Receivable-Violet Thames Accounts Receivable-Donna Scheiffer Lepit Creait 10,400 3,400 4,700 2,300 Next, journalize the year-end adjusting entry for 2020 using the allowance method. Assume that the write-off entry entered above has been recorded. Dec. Date 31 Journal Entry Accounts Debit Credit
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