whats the answer and how do you do it?
Warner Company’s year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated to be 1.5% of accounts receivable.
debit- bad debt expense
credit-allowance of doughtful accounts
thanks for the help
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Thread: percent of sales method?????
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05-07-2008, 08:05 AM #1Jason JGuest
percent of sales method?????
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