At december 31, folgeys coffee company reports the following results for its calendar year. cash sales $ 900,000 credit sales 300,000 its year-end unadjusted trial balance includes the following items. accounts receivable $ 125,000 debit allowance for doubtful accounts 5,000 debit a. prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 3% of credit sales.
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At december 31, folgeys coffee company reports the following results for its calendar year. cash sal...
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