Business
Business, 30.03.2020 23:02, arayah1888

Fraud Investigators Inc. operates a fraud detection service.
On March 31, 10 customers were billed for detection services totaling $17,000.
On October 31, a customer balance of $1,100 from a prior year was determined to be uncollectible and was written off.
On December 15, a customer paid an old balance of $720, which had been written off in a prior year.
On December 31, $420 of bad debts were estimated and recorded for the year.
Required:
Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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Answers: 3

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Fraud Investigators Inc. operates a fraud detection service.
On March 31, 10 customers were b...

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