A company has 317000 in credit sales the company uses the


A company has $317,000 in credit sales. The company uses the allowance method to account for uncollectible accounts, and the Allowance for Doubtful Accounts now was an $8,150 debit balance. If the company estimates 6% of credit sales will be uncollectible, what is the amount of the journal entry for the estimated uncollectible accounts?

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Financial Management: A company has 317000 in credit sales the company uses the
Reference No:- TGS01277213

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