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Safari File Edit View History Bookmarks Window Help , 47% UD) Sun Mar 25 3:07 AM Alex ezto.mheducation.com Home - alamo.edu McGraw-Hill Connect Chapter 8 Exercises Hints References eBook &Resources; Hint #1 Ask your instructor a question Check my work 6. Required information 8.33 points 2. Complete the following table, indicating the amount and effect for increase, for decrease, and NE for no effect) of each transaction. Ignore income taxes. ansaction Net Receivables Net Sales b. C. d. Hints References eBook & Resources Hint #1 MAR

Explanation / Answer

Journal entry :

2) Complete table :

Date accounts & explanation debit credit Mar 31 Account receivable 29000 Service revenue 29000 Oct 31 Allowance for doubtful accounts 1700 Account receivable 1700 Dec 15 Account receivable 860 Allowance for doubtful accounts 860 Dec 15 Cash 860 Account receivable 860 Dec 31 Bad debt expense 540 Allowance for doubtful accounts 540

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