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Short-term investments 44,000 Unearned revenue 22,000 (a) Your answer is correct. Prepare the journal entry to record the bad debt expense on December 31,2024, assuming
Short-term investments 44,000 Unearned revenue 22,000 (a) Your answer is correct. Prepare the journal entry to record the bad debt expense on December 31,2024, assuming the credit manager estimates that 4% of the accounts receivable will become uncollectible. (Credit account titles are automatically Indented when the amount Is entered. Do not Indent manually. If no entry Is required, select "No Entry" for the account titles and enter O for the amounts. List deblt entry before credit entry.) At December 31, 2024, Sunland Industries reports the following selected accounts from the unadjusted trial balance for its first year of operations: Prepare the current assets section of the balance sheet for Sunland Industries on December 31, 2024. (LIst Current Assets In order of liquidity. Enter account name only and do not provide descriptlve Information.) Question 4 of 5 4/20 SUNLAND INDUSTRIES Balance Sheet (Partial) Assets $ $ a SUPPORT
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