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Record the adjusting entry for uncollectible accounts at the end of January. The company estimates that 50% of $3,000 accounts receivable will not be collected.
Record the adjusting entry for uncollectible accounts at the end of January. The company estimates that 50% of $3,000 accounts receivable will not be collected. Of the remaining accounts receivable, the company estimates that 2% will not be collected
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Management And Cost Accounting
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
3rd Edition
0273687514, 978-0273687511
