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with solution What is the journal entry to record the bad debts expense? Beginning balance for Accounts Receivable is 42,261.00 Konda estimates its Allowance for
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What is the journal entry to record the bad debts expense? Beginning balance for Accounts Receivable is 42,261.00 Konda estimates its Allowance for Doubtful Accounts using Aging of Receivables. Not yet due 205,000.00 1-30 days past due 475,000.00 31-60 days past due 503,000.00 61-90 days past due 126,000.00 Over 91 days 58,762.00 Percent of Uncollectibility, Not yet due 2% 1-30 days past due 4% 31-60 days past due 6% 61-90 days past due 8% Over 91 days 10%Step by Step Solution
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