Assume the following information for Metlock Corp. Uncollectible accounts are expected to be 7% of...
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Accounting
Assume the following information for Metlock Corp. Uncollectible accounts are expected to be 7% of the ending balance in accounts receivable. Prepare the entries to record sales and collections during the period. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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