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The following accounts are taken from ABC Company s trial balance on September 1 , 2 0 2 1 which uses the allowance method to
The following accounts are taken from ABC Companys trial balance on September which uses the allowance method to record its uncollectible accounts:
Prepare the journal entry required to:
Record bad debts if they are estimated at of the accounts receivable.
Record bad debts if they are estimated at of the sales.
Record the writeoff for $
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