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Other Fields Homework Help Accounting Topic started by: bravata on Feb 20, 2017



Title: A company has $286,000 in credit sales. The company uses the allowance method to account for ...
Post by: bravata on Feb 20, 2017
A company has $286,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has a $2,280 credit balance. If the company estimates that $7,640 of accounts will be uncollectible based on an aging of Accounts Receivable, what will be the amount of the journal entry to record estimated uncollectible accounts?
A) $7,640
B) $9,920
C) $4,560
D) $5,360


Title: Re: A company has $286,000 in credit sales. The company uses the allowance method to account for ...
Post by: largerthanlife on Feb 20, 2017
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