Question: Using the data in Exercise 8-5, assume that the allowance for doubtful accounts for Intimacy Mattress Company has a credit balance of $7,180 before adjustment
Using the data in Exercise 8-5, assume that the allowance for doubtful accounts for Intimacy Mattress Company has a credit balance of $7,180 before adjustment on November 30. Journalize the adjusting entry for uncollectible accounts as of November 30.
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