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use the data presented in P6-1, which were selected from Sykes Company for the year vended December 31, to answer the following questions. 1. Give
use the data presented in P6-1, which were selected from Sykes Company for the year vended December 31, to answer the following questions. 1. Give the journal entries for these transactions, including the write-off for the uncollectible account and the adjusting entry for estimated bad debts. 2. Show how the accounts related to the preceding sale and collection activities should be reported on the current year income statements
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