Waddell Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31

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Waddell Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $142,815. Assume that the allowance for doubtful accounts for Waddell Industries has a credit balance of $6,350 before adjustment on August 31.
Journalize the adjusting entry for uncollectible accounts as of August 31. Refer to the Chart of Accounts for exact wording of account titles.
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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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