Question: What would the adjusting journal entry for this transaction be? GCI wrote off $6,000 of bad debt at the end of the month. Then used
What would the adjusting journal entry for this transaction be?
GCI wrote off $6,000 of bad debt at the end of the month. Then used the aging of receivables method to estimate the allowance for doubtful accounts to be $13,800.
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To record the transaction the adjusting journal entry would be as follows Debit ... View full answer
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