Assume that Nike's trial balance reported a debit of $18,600 in Accounts Receivable and a...
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Accounting
Assume that Nike's trial balance reported a debit of $18,600 in Accounts Receivable and a credit of $3,120 in Allowance for Doubtful Accounts. If Nike records a journal entry to write-off a specific customer's account in the amount of $8,400, what will the balance in Accounts Receivable report after the journal entry is recorded?
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You can see the logs in the Dashboard.