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Tech LTd has a high rate of bad debts. End balance for the allowance for doubtful accounts will be based on the aging schedule shown.
Tech LTd has a high rate of bad debts. End balance for the allowance for doubtful accounts will be based on the aging schedule shown. Before the year end adjustments, the company's allowance for doubtful accounts balance of $3,000 Credit The year-end balance for the allowance for the allowance for doubtful accounts will be based on the aging schedule shown. Complete the table for the estimated amount of bad debt of each aging category a) Prepare the journal entry to record bad debt expense at year-end (December 31,200 ). (Remember the starting balance) b) Prepare the journal entry to record the write-off of Customer A's account on March 31,20X1 of $1,234 c) On Jun 3rd, Customer A returns and pays the account in full. Prepare the journal transactions to reverse the write-off and record the payme
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