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you have completed so far does not indicate comp 4 points CO-14 (Aigo) Recording ana uetermining the enects of Dao eat transactions on income
you have completed so far does not indicate comp 4 points CO-14 (Aigo) Recording ana uetermining the enects of Dao eat transactions on income Categories Using the Percentage of Credit Sales Method L06-2 During the current year, Glabras Electronics recorded credit sales of $630,000. Based on por experience estimates a 30 percent bad debt rate on credit sales. Required: 1. Prepare journal entries for each of the following transactions a. On October 28 of the current year, an account receivable for $2,300 from a prior year was determined to be uncollectibles we written off b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year 2. Complete the following table, indicating the amount and effect for each transaction Answer is not complete Complete this question by entering your answers in the tabe bele Me eured Complete the tallowing tatie, indicating the amount and effect for sady st Gree MacBook Pro ton
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