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Sheridan corp. s unadjusted trial balance includes the following. accounts receivable debit 128800. allowance for expected credit losses 832. sales 391000 and sales returns and
Sheridan corp. s unadjusted trial balance includes the following. accounts receivable debit 128800. allowance for expected credit losses 832. sales 391000 and sales returns and allowances 9200. Prepare an adjusting entry assuming that the estimate of uncollectible accounts is determined by using 1.5% of net sales
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