Question: Jade Co. has the following data for the current year Accounts Receivable. December 31 Allowance for Doubtful Accounts, December 31 (credit), unadjusted $100,000 31300 Total
Jade Co. has the following data for the current year Accounts Receivable. December 31 Allowance for Doubtful Accounts, December 31 (credit), unadjusted $100,000 31300 Total Sales Revenue $645940 Assuming the company estimates 7% of accounts receivable will be uncollected in the future, the adjusting journal entry to record the estimated bad debts should be for Show whole numbers in your answer. Do not include dollar signs, decimals, commas, etc, in your
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