Business, 18.09.2019 04:30, cacaface311
Bad debt expense info: allowance for doubtful accounts has a credit balance of $1,000. credit sales are $500,000. cash sales are $500,000. percentage of sales method is based on 5% of net credit sales. aging schedule shows that $25,000 is uncollectible. accounts receivable $200,000.journalize adjusting entry--aging schedule or percentage of accounts receivable.
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Bad debt expense info: allowance for doubtful accounts has a credit balance of $1,000. credit sales...
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