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Business, 20.12.2019 23:31 jeancarlo1107

Gonzalez company has been in business several years. at the end of the current year, the ledger shows the following: accounts receivable $ 318,600 dr. sales revenue 2,301,300 cr. allowance for doubtful accounts 6,600 cr. bad debts are estimated to be 5% of accounts receivables. prepare the entry to adjust allowance for doubtful accounts.

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