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Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select No journal entry required in the first account field.)
Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
a. During the period, bad debts are written off in the amount of $13,600.
b. At the end of the period, bad debt expense is estimated to be $15,600.
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