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Question 1 2 pts Assume your company uses the allowance method of recording Accounts Receivable. Prepare journal entries for each of the following events. ACCOUNT

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Question 1 2 pts Assume your company uses the allowance method of recording Accounts Receivable. Prepare journal entries for each of the following events. ACCOUNT TITLES A Sales Revenue AD Allowance for Uncollectible Accounts B Additional Paid in Capital - Common AE Loss on Disposal of Plan Assets c Notes Payable BC Bad Debts Expense D Salaries Expense BD Common Stock E Accumulated Depreciation - Equip. BE Bonds Payable AB Accounts Receivable nts Receivable CD Cash AC Employee Income Tax Withholding On Jan. 1 you estimate $300 of January Sales will be uncollectible in the future. Debit: CD Credit: AE

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