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Question 7 Log out My Cou Not yet answered Marked out of 8.00 P Flag question ABC Company uses the allowance method to record bad

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Question 7 Log out My Cou Not yet answered Marked out of 8.00 P Flag question ABC Company uses the allowance method to record bad debts. Record the following transactions. 1. Dec. 31 - Bad debts expense was estimated to be $5,600. 2. March 17- Customer A. Bean's account receivable of $1,100 was deemed uncollectible and written off. 3. July 1 - A Bean paid the full amount, $1,100, of a the previously written- off account receivable. TI - E jij IM 1 A B I Credit Debit Account & Explanation 71F Sunny Date a

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