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tivo tivo
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Posts: 1776
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7 years ago
A company has $314,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has a $1,890 debit balance. If the company estimates that $8,160 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) $8,160
B) $6,270
C) $10,050
D) $3,780
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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7 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
wrote...
5 years ago
Thank you
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