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The following transactions, among others, occurred during the year: Required a. Prepare the journal entries to record the credit sales, the collections on account, the
The following transactions, among others, occurred during the year: Required a. Prepare the journal entries to record the credit sales, the collections on account, the transactions and the adjustment. b. Show how Accounts Receivable (including the credit balances) and the Allowance for Doubtful Accounts appear on the December 31 balance sheet
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