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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
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
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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7 years ago
Thank you, thank you, thank you!
Alina01978
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Yesterday
Good timing, thanks!
husne
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2 hours ago
Just got PERFECT on my quiz
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