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Business, 22.11.2019 05:31 tanya44737

Ivanhoe, inc. had net sales in 2020 of $1,410,300. at december 31, 2020, before adjusting entries, the balances in selected accounts were accounts receivable $348,200 debit, and allowance for doubtful accounts $2,940 credit. if ivanhoe estimates that 10% of its receivables will prove to be uncollectible. prepare the december 31, 2020, journal entry to record bad debt expense

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Ivanhoe, inc. had net sales in 2020 of $1,410,300. at december 31, 2020, before adjusting entries, t...
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