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Required: (round all answers to the nearest dollar amount) 1. Record the adjusting journal entry to directly write-off the $2,000 of actual bad debt through

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Required: (round all answers to the nearest dollar amount) 1. Record the adjusting journal entry to directly write-off the $2,000 of actual bad debt through December. a. Show the balancing effects on the accounting equation b. Record the adjusting journal entry in two-line format using a debit and a credit. c. Show T-accounts with beginning balances, transactions, and end balances. 2. Using the information and adjusted trial balance above, calculate the amount forecasted to be uncollectible next quarter based on the total sales to date at Fido's Food Mart. Record the adjusting journal entry for the forecasted amount of uncollectibles. a. Show the balancing effects on the accounting equation b. Record the adjusting journal entry in two-line format using a debit and a credit. c. Show T-accounts with beginning balances, transactions, and end balances. 3. Prepare a new adjusted trial balance and highlight the accounts and amounts changed

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