The following data are for Northen Company for the most recent year Ending accounts receivable-$1,170 Credit...
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The following data are for Northen Company for the most recent year Ending accounts receivable-$1,170 Credit sales for the year $4,000 Cash collections for the year 15,600 Beginning Allowance for Bad Debts-1200 White-oh dharing the year-$230 Northern Company uses aging analysis to estimate the appropriate ending balance in the Allowance account. The appropriate allowance for bad debts as a percentage of ending accounts receivable is 16.0% Which ONE of the following is included in the journal entry North Company must make to record BAD DEBT EXPENSE for the year? O DEBIT to Bad Debt Expense for $200 O DEBIT to Bad Debt Expense for $15 O DEBIT to Bad Debt Expense for $194 O DEBIT to Bad Debt Expense for $230 O DEBIT to Bad Debt Expense for $187 DEBIT to Bad Debt Expense for 5254 O DEBIT to Bad Debt Expense for $224 O DEBIT to Bed Deot Expense for $217 The following data are for Northen Company for the most recent year Ending accounts receivable-$1,170 Credit sales for the year $4,000 Cash collections for the year 15,600 Beginning Allowance for Bad Debts-1200 White-oh dharing the year-$230 Northern Company uses aging analysis to estimate the appropriate ending balance in the Allowance account. The appropriate allowance for bad debts as a percentage of ending accounts receivable is 16.0% Which ONE of the following is included in the journal entry North Company must make to record BAD DEBT EXPENSE for the year? O DEBIT to Bad Debt Expense for $200 O DEBIT to Bad Debt Expense for $15 O DEBIT to Bad Debt Expense for $194 O DEBIT to Bad Debt Expense for $230 O DEBIT to Bad Debt Expense for $187 DEBIT to Bad Debt Expense for 5254 O DEBIT to Bad Debt Expense for $224 O DEBIT to Bed Deot Expense for $217
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