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The December 31, 2021, balance sheet of the Tamarisk. Inc had Accounts Receivable of $650,000 and a credit balance in Allowance for Doubtful Accounts of

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The December 31, 2021, balance sheet of the Tamarisk. Inc had Accounts Receivable of $650,000 and a credit balance in Allowance for Doubtful Accounts of $33,000. During 2022, the following transactions occurred: sales on account $1,642,000, sales returns and allowances. $133.000 collections from customers, $1,349,000, accounts written off, $35,000: previously written off accounts of $9.000 were collected Your answer is correct. Journalize the 2022 transactions (Credit account titles are outomatically in ented when the amount is entered. Do not indent manually Account Titles and Explanation Sales Revenge (To record credit sales) Sales Returns and Allowances 123000 Accounts Receivable (To record credits to customers) cash 49000 Accounts Receivable (To record collection of receivables) Allowance for DOULOS Accounts Receivable (To write off specific accounts) W Accounts Receivable Allowance for Double Account (To reverse write off of account) L U II POOD 1 9000 Accounts Receivable (To record collection of account) eTextbook and Media Ust of Accounts - Your answer is partially correct. of the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be of accounts - Your answer is partially correct. If the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be 9% of accounts receivable, what is the adjusting entry at December 31, 2022? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Bad Debt Expense Allowance for Doubted Account 11121750 eTextbook and Media List of Accounts Attempts: 1 of 10 used

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