Question: -12 E View Policies Current Attempt in Progress During its first year of operations. Ivanhoe Company had credit sales of $3.230,600:5611,600 remained uncollected at year-end.
-12 E View Policies Current Attempt in Progress During its first year of operations. Ivanhoe Company had credit sales of $3.230,600:5611,600 remained uncollected at year-end. The credit manager estimates that $43.200 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Account Titles and Explanation Assistance Used eTextbook and Media Textbook 1
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