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Take me to the text Fabricators uses the balance sheet approach to estimate uncollective recevable. The aging of receivables on December 31, 2020 is shown

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Take me to the text Fabricators uses the balance sheet approach to estimate uncollective recevable. The aging of receivables on December 31, 2020 is shown in ta Required Calcute the required towance for doubtful counts. Der er de comasin this Roude cettember Aging Category Bad Debt Balance Required Allowance Under 19 days 3.0% $183,000 5 31.60 4.0% 549.000 5 51. 35.0 $15.000 5 70.0% 56,000 5251.000 $ Di Prepare the journal entry on December 31, 2020 to record bad debt pense assuming the lowance account has a $2.000 credit balance Date Account Title and Explanation Debit Credit Dec 31 To record estimated bed det for the year Prepare the journal entry on December 31, 2020 to record bad debt expense assuming the one account has a $20,000 create Date Account Title and planation Debit Credit Dec 31 . . To record med bad are for the year Prepare the journal entry on December 31, 2020 to record bad debt expense assuming the lowance account has a $2.000 de balance Date Account Title and Explanation Debit Dec 31 . To cordestimated bad for an Note the check button does not submit your attem the attempt and button Type here to search e

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