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Business, 03.04.2020 22:01 ceceshelby2635

At the end of the first year of operations, Mayberry Advertising had accounts receivable of $22,100. Management of the company estimates that 8% of the accounts will not be collected. What adjustment would Mayberry Advertising record to establish Allowance for Uncollectible Accounts? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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At the end of the first year of operations, Mayberry Advertising had accounts receivable of $22,100....
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