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Business, 15.11.2019 00:31 jasssp

Bridgeport corp. has been in business several years. at the end of the current year, the unadjusted trial balance shows:
a) accounts receivable $336,300 dr. sales revenue 2,034,100 cr.
b) allowance for doubtful accounts 5,730 cr.
c) bad debts are estimated to be 6% of receivables.
d) prepare the entry to adjust allowance for doubtful accounts.

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