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prepare adjusting entry on december 31,2020 to recognize bad debt expense c -/15 View Policies Current Attempt in Progress Ivanhoe Company had a $756 credit
prepare adjusting entry on december 31,2020 to recognize bad debt expense c
-/15 View Policies Current Attempt in Progress Ivanhoe Company had a $756 credit balance in Allowance for Doubtful Accounts at December 31, 2020, before the current year's bir ivision for uncollectible accounts. An aging of the accounts receivable revealed the following Estimated Percentage Uncollectible Current Accounts $129,600 1 1-30 days past due 21,600 3 % 31-60 days past due 10.800 6% 61-90 days past due 10.800 12 Over 90 days past due 30 7.800 $180/600 Total Accounts Receivable (1) Caccount title ore automatically ident fa) Prepare the adjusting entry on December 31, 2020, to recognize bad debt expense. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. List all debit entry before credit entry) Account Tities and Explanation Debit Credit Attempts of 1 used Sot Save for Late (b) estion must be completed in ander. The part will be also when you come the Step by Step Solution
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