Question: ENTRIES FOR BAD DEBT EXPENSE USING ALLOWANCE METHOD (10 Points) Prepare the journal entries for the following transactions assume thic company uses the allowance method

ENTRIES FOR BAD DEBT EXPENSE USING ALLOWANCE METHOD (10 Points) Prepare the journal entries for the following transactions assume thic company uses the allowance method for accounting for bad debt. For the year ended December 31, 2017, the Lovato Licensing Corp. had the following transactions

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