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Question 2: Credit The following information pertains to Manama Company: Debit Accounts receivables $100,000 Allowance for doubtful accounts Net Sales $2,000 $200,000 Instructions Prepare the

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Question 2: Credit The following information pertains to Manama Company: Debit Accounts receivables $100,000 Allowance for doubtful accounts Net Sales $2,000 $200,000 Instructions Prepare the journal entries for estimated bad debts assuming that doubtful accounts are estimated to be: 1- 10% of accounts receivable. 2- 10% of net sales. Answer of Question 2

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