Question: Current Attempt in Progress During its first year of operations, Marin Inc. had credit sales of $ 3 , 5 6 5 , 0 0
Current Attempt in Progress
During its first year of operations, Marin Inc. had credit sales of $ of which $ remained uncollected at yearend. The credit manager estimates that $ of these receivables will become uncollectible.
a
Prepare the journal entry to record the estimated uncollectibles. Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.Credit account titles are outomatically indented when amount is entered. Do not indent manually.
Account Titles and Explanation
Debit
Credit
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