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Using the accounts above, insert the adjusting entry for the allowance for bad debts and calcite the balance for the allowance and for the expense
Using the accounts above, insert the adjusting entry for the allowance for bad debts and | ||||
calcite the balance for the allowance and for the expense account | ||||
Error | ||||
During 2020, it was discovered that the inventory at the end of 2019 was overrstated by $4.000. | ||||
The tax rate for the prior and current year is 30%. Make the required adjusting entry: | ||||
Dr | Cr | |||
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