Question: needed before 11:40 DO IT! 9.2a Prepare entry for uncollectible accounts. (LO 2) Gonzalez Company has been in business several years. At the end of
needed before 11:40
DO IT! 9.2a Prepare entry for uncollectible accounts. (LO 2) Gonzalez Company has been in business several years. At the end of the current year, the ledger shows the following: Selected Unadiusted Trial Balance Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $310,000 Dr. $2,200,000 Cr. $6,100 Cr. Bad debts are estimated to be 5% of accounts receivable. Prepare the entry to adjust Allowance for Doubtful Accounts Account Name Bad Debt Expense Allowance for Double Account
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