Splish brothers inc has been in business several years at, Accounting Basics

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Splish brothers inc has been in business several years at

Problem

Splish Brothers Inc. has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receivable $336, 800 Dr. Sales Revenue 2, 217, 800 Cr. Allowance for Doubtful Accounts 5, 944 Cr. Bad debts are estimated to be 7% of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts.

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Accounting Basics: Splish brothers inc has been in business several years at

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Accounting Basics: Splish brothers inc has been in business several years at

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