Question: 2008 CUMULATIVE REVIEW PROBLEM: CHAPTER 7 The purpose chapter and of this problem is to provide an opportunity to review both nevw concepts in the

2008 CUMULATIVE REVIEW PROBLEM: CHAPTER 7 The purpose chapter and of this problem is to provide an opportunity to review both nevw concepts in the current d major concepts in previous chapters. This cumulative review should asst you in but ing accounting concepts and preparing for exanms UTRED: Use the following information for the five questions which follow. On December 31, 2011, the unadjusted trial balance of Pete Inc, included the following accounts: Credit $900,000 Debit Sales (90% represent credit sales) Accounts Receivable Allowance for Doubtful Accounts $300,000 300

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