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Business, 12.12.2019 06:31 brooklynpage3930

Journalize the write-offs under the allowance method. also, journalize the adjusting entry for uncollectible accounts. the company recorded $5,800,000 of credit sales during the year. based on past history and industry averages, 1-1/2% of credit sales are expected to be uncollectible. if an amount box does not require an entry, leave it blank.

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