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Warner Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful account

Posted: Fri Jul 01, 2022 8:51 am
by answerhappygod
Warner Company S Year End Unadjusted Trial Balance Shows Accounts Receivable Of 116 000 Allowance For Doubtful Account 1
Warner Company S Year End Unadjusted Trial Balance Shows Accounts Receivable Of 116 000 Allowance For Doubtful Account 1 (10.14 KiB) Viewed 28 times
Warner Company's year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000 Uncollectibles are estimated to be 1.50% of accounts receivable 1. Prepare the December 31 year-end adjusting entry for uncollectibles