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Business, 26.03.2020 01:06 aperez4102

Oriole, Inc. had net sales in 2017 of $1,480,600. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $213,100 debit, and Allowance for Doubtful Accounts $3,720 credit. If Oriole estimates that 6% of its receivables will prove to be uncollectible.

Prepare the December 31, 2017, journal entry to record bad debt expense.

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Oriole, Inc. had net sales in 2017 of $1,480,600. At December 31, 2017, before adjusting entries, th...
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