Abrat Company failed to accrue an allowance for doubtful accounts of $13,500 in its Year 1 financial

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Abrat Company failed to accrue an allowance for doubtful accounts of $13,500 in its Year 1 financial statements. Upon discovery of this error in Year 2, what correcting journal entry will Abrat Company make? Ignore income taxes.

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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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Question Posted: Dec 09, 2013 09:52 AM

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Abrat Company failed to accrue an allowance for doubtful accounts of $13,500 in its Year 1 financial

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Intermediate Accounting

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