On December 31, Ferndale Enterprises has an $800 debit balance in Allowance for Uncollectible Accounts. If...
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On December 31, Ferndale Enterprises has an $800 debit balance in Allowance for Uncollectible Accounts. If an accounts receivable aging method analysis indicated that an estimated $6,400 of December 31 receivables were uncollectible, for what amount would the adjusting entry for uncollectible accounts be recorded? (Show your work to receive credit). The adjusting entry should be for $ On December 31, Ferndale Enterprises has an $800 debit balance in Allowance for Uncollectible Accounts. If an accounts receivable aging method analysis indicated that an estimated $6,400 of December 31 receivables were uncollectible, for what amount would the adjusting entry for uncollectible accounts be recorded? (Show your work to receive credit). The adjusting entry should be for $
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The adjusting entry will increase the Allowance for Uncollectible Acc... View the full answer
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
Posted Date:
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