c. Record the adjusting entry required on December 31, 2024, to estimate uncollectible recelvables, assum...
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c. Record the adjusting entry required on December 31, 2024, to estimate uncollectible recelvables, assum recelvables. Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits. d. Show how accounts receivable would appear on the December 31,2024 , balance sheet. Selected unadjusted account balances at December 31, 2023, are shown below for Demron Servic Required: a. Assume that Demron estimates uncollectible accounts as 2.5% of receivables. Prepare the adj 2023 , to estimate uncollectible receivables. b. During 2024, ciedit sales were $740,000 (cost of sales $485,200 ); sales discounts taken were $18,000; sccounts recelvi collected were $660,200; and accounts written off during the year totalled $14,800. Prepare the entries fo record these tra c. Record the adjusting entry required on December 31, 2024, to estimate uncollectible recelvables, assum recelvables. Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits. d. Show how accounts receivable would appear on the December 31,2024 , balance sheet. Selected unadjusted account balances at December 31, 2023, are shown below for Demron Servic Required: a. Assume that Demron estimates uncollectible accounts as 2.5% of receivables. Prepare the adj 2023 , to estimate uncollectible receivables. b. During 2024, ciedit sales were $740,000 (cost of sales $485,200 ); sales discounts taken were $18,000; sccounts recelvi collected were $660,200; and accounts written off during the year totalled $14,800. Prepare the entries fo record these tra
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