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show the entries Saved Chapter 9- Quiz Warner Company's year-end unadjusted trial balance shows accounts receivable of $113,000, allowance for doubtful accounts of $740 (credit),
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Saved Chapter 9- Quiz Warner Company's year-end unadjusted trial balance shows accounts receivable of $113,000, allowance for doubtful accounts of $740 (credit), and sales of $420,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 2 1. Prepare the December 31 year-end adjusting entry for uncollectibles. 2 View transaction list points Journal entry worksheet 1 Record the estimate of uncollectibles Note: Enter debits before credits, Credit Debit General Journal Date 955 Bad debts expense Dec 31 955 Allowance for doubtful accounts View general journal Clear entry Record entryStep by Step Solution
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