Business, 25.12.2020 17:00 Gideon3291

Vaughn Manufacturing's account balances at December 31, 2020 for Accounts Receivable and the related Allowance for Doubtful Accounts are $914000 debit and $1990 credit, respectively. From an aging of accounts receivable, it is estimated that $39800 of the December 31 receivables will be uncollectible. The necessary adjusting entry would include a credit to the allowance account for:. A. $1990. B. $39800. C. $37810. D. $41790.

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Vaughn Manufacturing's account balances at December 31, 2020 for Accounts Receivable and the related...

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