Business, 30.03.2020 17:21 tommyaberman
CC Sunglasses started operations in 2017. During the year, there was $10,000 in sales, $8,000 was collected, therefore $2,000 remaining AR. On December 31, 2017, CC Sunglasses Co. estimates 7% of receivables may not be collected.
The journal entry to record the 2017 estimate for bad debts is ___.
Answers: 1
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CC Sunglasses started operations in 2017. During the year, there was $10,000 in sales, $8,000 was co...
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