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View Policies Current Attempt in Progress Oriole Company has the following accounts in its general ledger at July 31: Accounts Receivable $35,200 and Allowance for
View Policies Current Attempt in Progress Oriole Company has the following accounts in its general ledger at July 31: Accounts Receivable $35,200 and Allowance for Doubtful Accounts $2,200. During October, the following transactions occurred. Oct. 15 Sold $14,000 of accounts receivable to Nelson Factors, Inc. who assesses a 4% finance charge. 25 Made sales of $800 on VISA credit cards. The credit card service charge is 3%. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit
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