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Spring Break Travel ended 2019 with Accounts Receivable at $28.000 and an Allowance for Doubtful Accounts at $22 200. During 2020. Spring Break Travel completed
Spring Break Travel ended 2019 with Accounts Receivable at $28.000 and an Allowance for Doubtful Accounts at $22 200. During 2020. Spring Break Travel completed these transactions 1. Service revenue on account S$40.000 (assume no cost of goods sold) 2. Collections on account, $845,000 3. Write-olls of uncollectibles, 56,000 4. Bad debt expense, 3 percent of service revenue Journalice Spring Break Travels 2020 transactions, and show updated balance sheet totals Grad
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