Business, 23.07.2020 21:01, danjan9084
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $138,500, allowance for doubtful accounts of $1,005 (credit) and sales of $1,095,000. If uncollectible accounts are estimated to be 6% of accounts receivable, what is the amount of the bad debts expense adjusting entry
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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted t...
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