Question: Assuming that the allowance method is being used, prepare general journal entries without explanations to record the following transactions. Omit cost of goods sold entries.

Assuming that the allowance method is being used, prepare general journal entries without explanations to record the following transactions. Omit cost of goods sold entries. (Credit account titles are outomatically indented when the omount is entered. Do not indent. manually, Ust all debit entries before credit entries. If no entry is required, select "No Entry" for the account tittes and enter ofor the amounts.)
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