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A Company Had the Following Items and Amounts in Its

Question 172

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A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year:
A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: Prepare the adjusting entry to estimate bad debts assuming bad debts are estimated to be 2.5% of credit sales. Prepare the adjusting entry to estimate bad debts assuming bad debts are estimated to be 2.5% of credit sales.

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1.Bad Debts Expense ...

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