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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
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.) Account Titles and Explanation Debit Credit
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