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-   -   If Allowance for Doubtful Accounts has a debit balance of $200 in the trial balance, (https://www.askmehelpdesk.com/showthread.php?t=747092)

  • May 2, 2013, 05:33 PM
    queenki1
    If Allowance for Doubtful Accounts has a debit balance of $200 in the trial balance,
    If Allowance for Doubtful Accounts has a debit balance of $200 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be (1) 0.75% of net sales and (2) 6% of accounts receivable.

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