Question: Brief Exercise 8-10 (Part Level Submission) During its first year of operations, Pharoah Company had credit sales of $2,751,000, of which $366,200 remained uncollected at
Brief Exercise 8-10 (Part Level Submission) During its first year of operations, Pharoah Company had credit sales of $2,751,000, of which $366,200 remained uncollected at year-end. The credit manager estimates that $19,200 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles (Assume an unadjusted balance of rere in Allowance for Doubtful Accounts.) (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to show Work for this questioni Den Show Work
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