Business, 27.03.2020 00:23 87haymaker
Pogo Products Inc. reported an opening balance in the allowance for doubtful accounts of $564,000. During the year, the company determined that a $30,000 receivable due from Shimmer Company was uncollectible. Prepare the journal entry to write off the Shimmer account assuming that Pogo uses the allowance method.
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Pogo Products Inc. reported an opening balance in the allowance for doubtful accounts of $564,000. D...
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