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Business, 03.08.2019 04:20 breahnareedy
Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted trial balance shows accounts receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. if uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry?
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Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted t...
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