Wilton Corporation reported the following information in its general ledger at December 31: All sales were on

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Wilton Corporation reported the following information in its general ledger at December 31:

Wilton Corporation reported the following information in its general ledger

All sales were on account. At the end of the year, uncollectible accounts were estimated to total $2,000 based on an aging schedule.
Instructions
Using your knowledge of receivables transactions, determine the missing amounts.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  book-img-for-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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