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Required information [The following information applies to the questions displayed below.] General Foundry, Incorporated, is a leading global manufacturer and marketer of branded consumer foods

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Required information [The following information applies to the questions displayed below.] General Foundry, Incorporated, is a leading global manufacturer and marketer of branded consumer foods sold through retail stores. 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 millions): Journal entry worksheet Record the entry for the end-of-period bad debt expense estimate. Note: Enter debits before credits. Journal entry worksheet Record the entry for the write-off of bad debts. Note: Enter debits before credits. 2-a. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 1 . 2-b. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 2 . Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 1 . Note: Enter your answers in millions not in dollars. 2-a. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 1 . 2-b. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 2 . Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, compute the missing dollar amounts for year 2. Note: Enter your answers in millions not in dollars

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