Question: 6 During the current year Sun Electronics, Incorporated, recorded create or $200.000 Gined on prior experience it estimates a 2 percent bad debt rate on
6 During the current year Sun Electronics, Incorporated, recorded create or $200.000 Gined on prior experience it estimates a 2 percent bad debt rate on credit sales a. On November 13 of the current year, an account receivable for 5330 from a prior year was determined to be collectible and was written on At year-end the appropriate ad debt expense adjustment was recorded for the current year Required: Show the effects of the above transactions on the following categories Assets, Liabilities and Stock Equity indicate the accounts affected and enter decreases to account categories with a minus ign 10 DOR Transach Liabile a PE b
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