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Title: A company has $317,000 in credit sales. The company uses the allowance method to account for ... Post by: tivo on Feb 20, 2017 A company has $317,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has an $8,150 debit balance. If the company estimates 6% of credit sales will be uncollectible, what will be the amount of the journal entry to record estimated uncollectible accounts?
A) $8,150 B) $27,170 C) $10,870 D) $19,020 Title: Re: A company has $317,000 in credit sales. The company uses the allowance method to account for ... Post by: largerthanlife on Feb 20, 2017 Content hidden
Title: Re: A company has $317,000 in credit sales. The company uses the allowance method to account for ... Post by: tivo on Apr 10, 2017 Luckily this is the last business course I'll be taking. Thank you greatly
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