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Requirement 2 . Assume Pilgrim, Inc. had an unadjusted $ 1 , 4 0 0 debit balance in Allowance for Bad Debts at December 3
Requirement Assume Pilgrim, Inc. had an unadjusted $ debit balance in Allowance for Bad Debts at December
Journalize Pilgrim, Inc.s December adjustment to record bad debts expense using
the percentofreceivables method. Record debits first, then credits. Select the explanation on the last line of the journal
entry table.
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