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Required information (The following information applies to the questions displayed below.] Dunkin Brands is a specialty coffee roaster and marketer of branded fresh-roasted whole bean
Required information (The following information applies to the questions displayed below.] Dunkin Brands is a specialty coffee roaster and marketer of branded fresh-roasted whole bean coffee and a wide variety of donuts and pastries. It recently disclosed the following information concerning the Allowance for Doubtful Accounts on its Form 10-K Annual Report submitted to the Securities and Exchange Commission. A summary of the Allowance for Doubtful Accounts is as follows (dollars in thousands): Allowance for Doubtful Accounts Year 1 Year 2 Year 3 Balance at Beginning of Period $ 2,599 3,882 5,627 Additions (Charges) to Expense Write-offs $ ? $ 513 3,705 ? 1,202 2,051 Balance at End of Period $ 3,882 5,627 4,778 Required: 1. Record summary journal entries related to bad debts for Year 3. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) Journal entry worksheet 12 > Record the end-of-period bad debt expense estimate. Note: Enter debits before credits. General Journal Debit Credit Transaction A Record entry Clear entry View general journal Journal entry worksheet
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