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Required information E8-9 Recording and Determining the Effects of Write-Offs, Recoveries, and Bad Debt Expense Estimates on the Balance Sheet and Income Statee LO 8-2]

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Required information E8-9 Recording and Determining the Effects of Write-Offs, Recoveries, and Bad Debt Expense Estimates on the Balance Sheet and Income Statee LO 8-2] [The following information applies to the questions displayed below] Fraud Investigators Inc. operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $17,000. b. On October 31, a customer balance of $1,100 from a prior year was determined to be uncollectible and was written off. c.On December 15, a customer paid an old balance of $720, which had been written off in a prior year. d. On December 31, $420 of bad debts were estimated and recorded for the year. E8-9 Part1 Required 1. Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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