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Question 9 of 11 Question 9 of 11 Attempt Current Attempt in Progress Assume the following information for Teal Mountain Corp. Accounts receivable (beginning balance)
Question 9 of 11
Question 9 of 11 Attempt Current Attempt in Progress Assume the following information for Teal Mountain Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off 0.47 / 1 $143,000 11,340 930,000 912.000 6,400 2,200 Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable, Your answer is correct. Prepare the entries to record sales and collections during the period. (Credit account titles are automatically indentd when tte amount is entered. Do not indent manually.) Account Titles and Explanation Accounts Receivable Szies Ravnue Credit 930000 930000
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