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Required: 1 . Prepare a summary journal entry to record the monthly bad debt accrual and the write - offs during the year. 2 .
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Prepare a summary journal entry to record the monthly bad debt accrual and the writeoffs during the year.
Prepare the necessary yearend adjusting entry for bad debt expense.
a What is total bad debt expense for
b How would accounts receivable appear in the balance sheet?
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