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Windsor has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receivable Sales Revenue Allowance for
Windsor has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $333,400 Dr. 2.137.200 Cr. 5,871 Cr. Bad debts are estimated to be 7% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Bad Debt Expense 29209 29209 Allowance for Doubtful Accounts sti Sunland Company accepts from Gates Stores a $7.200, 4-month 7% note dated May 31 in settlement of Gates overdue account The maturity date of the note is September 30, VE 1 (1) 339 3221 Calculate the interest payable at maturity. (Round answer to decimal places, 48.5 275.) Interest payable at maturity $
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