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Vine Company Began Operations on January 1, 2010

Question 89

Multiple Choice

Vine Company began operations on January 1, 2010. During its first year, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows:
Vine Company began operations on January 1, 2010. During its first year, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows: What is the amount required for the adjusting journal entry to record bad debt expense? A) $18,644.90 B) $39,100.70 C) $19,783.80 D) $19,221.20 E) $19,400.20
What is the amount required for the adjusting journal entry to record bad debt expense?


A) $18,644.90
B) $39,100.70
C) $19,783.80
D) $19,221.20
E) $19,400.20

Correct Answer:

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