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Probleml (2 Points) The following information relates to the Broadway Suites on December 31, 20X8: Sales $305,000, Accounts Receivable $27,500. Required: If bad debts are

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Probleml (2 Points) The following information relates to the Broadway Suites on December 31, 20X8: Sales $305,000, Accounts Receivable $27,500. Required: If bad debts are calculated to be 2% of sales, create the journal entry to record the allowance for doubtful accounts

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