Assume company A had credit sales of 250,000 and the cost of goods sold of...
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Accounting
Assume company A had credit sales of 250,000 and the cost of goods sold of 150,000 for the period . It estimates that the appropriate ending balance in the Allowance of Doubt accounts is 3,000 when it uses the aging method. Before the end of period adjustment is made , the Allowance for doubtful accounts has a credit balance of 250.09 Record the transaction
Record the transaction
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