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Year-round Retreats had the following balances at December 31, 2018, before the year-end adjustments: (Click the icon to view the balances) The aging of
Year-round Retreats had the following balances at December 31, 2018, before the year-end adjustments: (Click the icon to view the balances) The aging of accounts receivable yields the following data (Click the icon to view the accounts receivable aging schedule.) Requirements 1. Journalize Year-round's entry to record bad debts expense for 2018 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Joumalize Year-round's entry to record bad debts expense for 2018 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Dec 31 Accounts Debit Credit
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