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Required: Using the following categories, indicate the effects of the following transactions. Indicate the accounts affected and the amounts. (Enter any decreases to Assets, Liabilities,
Required: Using the following categories, indicate the effects of the following transactions. Indicate the accounts affected and the amounts. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) a. During the period, customer balances are written off in the amount of $10,300. b. At the end of the period, bad debt expense is estimated to be $8,300. a Accounts Receivable) Assets (10,300) Liabilities Stockholders' Equity Allowance for Doubtful Accounts Allowance for Doubtful Accounts 10,300 10,300
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