Business, 26.03.2020 16:57 Yuii

During its first year of operations, a company has credit sales of $250,000 and cash sales of $100,000. By the end
of the year, cash collections on credit sales total $180,000, and the company estimates uncollectible accounts to
be 6% of accounts receivable. The amount to record for the year-end adjusting entry for uncollectible accounts
would be:
softwa

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During its first year of operations, a company has credit sales of $250,000 and cash sales of $100,0...

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