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Business, 16.10.2019 01:00 kingnya63

Use the information presented in be7.5 for wilton, inc.
a. instead of an allowance for doubtful accounts balance of $2,400 credit, the balance was $1,900 debit. assume that 10% of accounts receivable will prove to be uncollectible. prepare the entry to record bad debt expense.
b. instead of estimating uncollectibles based on a percentage of receivables, assume wilton prepares an aging schedule that estimates total uncollectible accounts at $24,600. (assume an allowance of $2,400 credit.) prepare the entry to record bad debt expense.

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Use the information presented in be7.5 for wilton, inc.
a. instead of an allowance for doubtf...
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