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The following represent different scenarios for Marin Company. Prior to any year-end adjusting entries, Marin Company had a balance in Accounts Receivable of $146,000. Credit

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The following represent different scenarios for Marin Company. Prior to any year-end adjusting entries, Marin Company had a balance in Accounts Receivable of $146,000. Credit sales during the period were $760,000, and Sales Returns and Allowances were $19,000. If Marin Company uses the direct write-off method to account for uncollectible accounts, journalize the entry if on May 8 Marin determined that RandaI Company's $670 balance is uncollectible. (Uist debit entry before credit entry. If no entry is required, select 'No Entry" for the occount tities ond enter of for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If Marin Company uses the allowance method to account for uncollectible accounts, journalize the entry if on May 8 Marin determined that Randal Company's $670 balance is uncollectible. (List debit entry before credit entry. If no entry is required, select iNo Entry" for the occount titles and enter 0 for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manuallyt) Assume Marin Company uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a debit balance of $910 in the trial balance, journalize the adjusting entry at December 31 . assuming bad debts are expected to be 9% of Accounts Recelvable. (List debit entry before credit entry If no entry is required, select "No Entry" for the occount titles and enter of for the amounts. Credit account tities are outomatically indented when the amount is entered. Do not indent manualiy]

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