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Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Required: 1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables

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Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Required: 1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 12% of receivables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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