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Business, 21.11.2019 04:31 decapria

Crane, inc. had net sales in 2020 of $1,488,400. at december 31, 2020, before adjusting entries, the balances in selected accounts were accounts receivable $206,300 debit, and allowance for doubtful accounts $3,260 credit. if crane estimates that 7% of its receivables will prove to be uncollectible. prepare the december 31, 2020, journal entry to record bad debt expense.

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Crane, inc. had net sales in 2020 of $1,488,400. at december 31, 2020, before adjusting entries, the...
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