Total sales for the year $ 1 3 2 , 0 0 0 Cash sales $ 8
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Question:
Total sales for the year $
Cash sales $
Provide as allowance for bad and doubtful debts on credit sales.
During the year $ that was writtenoff in the previous year was recovered
During the year, $ was written off as bad debts
Generate all necessary entries. Post them in the account of Allowance for bad & Doubtful
Debts and find the closing balance.
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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