Question: q4 When following an allowance method, the journal entry to record estimated bad debt expense will always include what debit and what credit? Debit Allowance
When following an allowance method, the journal entry to record estimated bad debt expense will always include what debit and what credit? Debit Allowance for Doubtful Accounts; Credit Accounts Receivable Debit Allowance for Doubtful Accounts; Credit Bed Debt Expense Debit Bad Debt Expense; Credit Allowance for Doubtful Accounts Debit Accounts Receivable; Credit Allowance for Doubtful Accounts
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