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Required information [The following infomation applies to the questions displayed below.] Suzukl Supply reports the following amounts at the end of 2021 (before adjustment). Required:
Required information [The following infomation applies to the questions displayed below.] Suzukl Supply reports the following amounts at the end of 2021 (before adjustment). Required: 1. Record the adjusting entry for uncollectible accounts using the percentage-of-recelvables method. Suzukl estimates lo\% of recelvables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Required information [The following infomation applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). 2. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method. Suzukl estimates 2% of credit sales will not be collected. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fleld.) Journal entry worksheet Record the adjusting entry for Uncollectible Accounts. Note: Enter debits before credits. Required information [The following infomation apples to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). 3. Calculate the effect on net Income (before taxes) and total assets In 2021 for each method. Suzukl estimates 10\% of recelvables and 2% of credit sales respectlvely will not be collected
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