Business, 17.03.2020 02:02 darlenepitre

Pronghorn, Inc. had net sales in 2017 of $1,476,200. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $257,500 debit, and Allowance for Doubtful Accounts $1,877 debit. Assume that 11% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense

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Pronghorn, Inc. had net sales in 2017 of $1,476,200. At December 31, 2017, before adjusting entries,...

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