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Use Walmart, Inc.'s financial statement information to answer the following questions. a. Provide the following account balances for Walmart (4 points): b. Which of the
Use Walmart, Inc.'s financial statement information to answer the following questions. a. Provide the following account balances for Walmart (4 points): b. Which of the above numbers represents the total amount Walmart is owed by customers as of January 31 , 2022? (1 point) c. Which of the above numbers represents the amount that Walmart believes it will not collect from its customers as of January 31, 2022? (1 point) d. Which of the above numbers represents the amount that Walmart believes it will collect from its customers as of January 31, 2022? (1 point) e. Provide the journal entry (both accounts and amounts) that Walmart must have made to record its estimate of Bad Debt Expense in fiscal year 2022. (3 points) Provide the journal entry (both accounts and amounts) that Walmart must have made to record Accounts Receivable write-offs in fiscal year 2022. (3 points) Walmart, Inc. Financial Statements (partial)
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