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. Prepare the journal entries to record the transactions that occurred in December 2017. . Using the aging schedule, compute the bad debt expense for

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. Prepare the journal entries to record the transactions that occurred in December 2017. . Using the aging schedule, compute the bad debt expense for December 2017 and prepare the related adjusting entry. . Compute the gross profit percentage and the receivables turnover ratio for December 2017 and explain their meaning

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