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write answer in english..show a calculation if necessary 4. The following are some of the informations taken from Yasmin Company's book for year 2017: Credit
write answer in english..show a calculation if necessary
4. The following are some of the informations taken from Yasmin Company's book for year 2017: Credit sales Account Receivable (31st December) Allowance for doubtful account (1st December) RM37,000 RM25,000 RM400 Instructions: Write a journal entry and prepare Doubtful Debt Allowance Account and Bad Debt Expense on 31st December 2017 by using the following method: a) The company estimate the uncollectibles for Account Receivable in the year 2017 amounting to 3% from Account Receivable balance. The company estimate 1.5% from credit sales will be uncollectible for the year 2017. E b) yStep by Step Solution
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