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Bad debts are estimated to be 7 of receivables prepare the

Else Company has been in business several years. At the end of the current year, the ledger shows:

Accounts Receivable	$ 310,000 Dr.
Sales Revenue	2,200,000 Cr.
Allowance for Doubtful Accounts	5,700 Cr.

Bad debts are estimated to be 7% of receivables. Prepare the entry to adjust the Allowance for Doubtful Accounts.

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Cost Accounting: Bad debts are estimated to be 7 of receivables prepare the

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Cost Accounting: Bad debts are estimated to be 7 of receivables prepare the

Reference No:- TGS0799564

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