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Business, 30.05.2020 18:00 markthecow

Evers Industries has computed that the proper balance for the Allowance for Doubtful Accounts at July 31 is $106,106. Assume that the Allowance for Doubtful Accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. Refer to the Chart of Accounts for exact wording of account titles.

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