Question
Warner company's year-end unadjusted trial balance shows accounts receivable of $119,000, allowance for doubtful accounts of $800. (credit) and sales of $480,000. Uncollectibles are estimated
Warner company's year-end unadjusted trial balance shows accounts receivable of $119,000, allowance for doubtful accounts of $800. (credit) and sales of $480,000.
Uncollectibles are estimated to be 1.50 % of accounts receivable.
(1) prepare the December 31 year-end adjusting entry for uncollectibles
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Information Technology Control And Audit
Authors: Sandra Senft, Frederick Gallegos, Aleksandra Davis
4th Edition
1439893209, 978-1439893203
