On December 31, the following accounts were taken from the trial balance of Igare International. Sales (all credit sales

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On December 31 The Following Accounts Were Taken From The Trial Balance Of Igare International Sales All Credit Sales 1 (95.9 KiB) Viewed 6 times

On December 31, the following accounts were taken from the trial balance of Igare International. Sales (all credit sales) Accounts receivable Allowance for doubtful accounts Debit $ 160,000 Management estimates uncollectible accounts 1 percent of sales. Management decided to write off accounts totaling $ 1,800. Prepare appropriate journal entries. Credit $ 2,000,000 300