At the end of the year the allowance for doubtful account has a balance of $800. Uncollectable
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Question:
At the end of the year the allowance for doubtful account has a balance of $800. Uncollectable is 2 % of net sales. The net sale for 2017 was $240. Commute the adjustment for the year.
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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