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Answer to Question #110774 in Accounting for Romeo Soriano Averilla
Question #110774
assume that December 31 forecast shows the estimated uncollectible accounts to be $27,860 and that the allowance for doubtful accounts for the company had a debit balance of $1,575 on December 31.
Journalize the adjusting entry for uncollectible accounts as of December 31 for the next year.
Journalize the adjusting entry for uncollectible accounts as of December 31 for the next year.
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