Question
The debit balance of doubtful rec. account is $ 7,000 and the credit balance of allowance for doubtful rec. account is $ 4,000. The company
The debit balance of doubtful rec. account is $ 7,000 and the credit balance of allowance for doubtful rec. account is $ 4,000. The company collected $ 3,000 of its doubtful rec. and the rest is proved to be uncollectable.
Make journal necessary entry(ies).
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short
8th edition
78025559, 978-0078025556
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