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The Accounts Receivable balance for Clark, Inc. at December 31, 2017, was $30,000. During 2018. Clarkeamed revenue of 5487,000 on receivables as uncollectible Industry experience

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The Accounts Receivable balance for Clark, Inc. at December 31, 2017, was $30,000. During 2018. Clarkeamed revenue of 5487,000 on receivables as uncollectible Industry experience suggests that collectible counts will amount to 2% of accounts receivable count and collected $329,000 on account Clark wrote of $6,000 Read the requireme Requirement 1. Assume Clark had an unadjusted $2,000 credit balance in Allowing for Bad Dobs at December 31, 2018 Jouma percent of receivable method. Record debits first, then credits. Select the explanation on the l ine of the journal entry table) Clark's December 31, 2018, adjustment to record bad debts expense using the Accounts and Explanation Doo Requirement 2. Assume Clark had an unadjusted $1,800 debit balance in Allowance for Bed Debts at December 31, 2018. Journalize Clare's December 31, 2018. adjustment to record porcent-of-cecile method Fecord debita frut, then credits Select the explanation of ou r table) Accounts and Explanation Requirements Assume Clark had an adjusted $2,000 credt balance in Allowance for Bad Debts at December 31, 2018. Joumaize Clark's December 31, 2018 adjustment to record bad debes expers using the percent of receivables method Assume Clark had an adjusted $1,800 debt balance in Allowance for Bad Debts at December 31, 2018. Journalize Clark's December 31, 2018 adjustment to record bad decis expense using the percent-of-receivables method. Choose from any list or enter any number in the input fields and then continue to the next

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