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please HELP!!!! E8-1 (Algo) Recording Bad Debt...

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Accounting

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E8-1 (Algo) Recording Bad Debt Expense Estimates and Write-Offs Using the Aging of Receivables Method [LO 8-2] Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $20,100. The account had an unadjusted credit balance of $11.000 at that time. Required: Prepare journal entries for each of the following. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) a. The appropriate bad debt adjustment was recorded, b. Later, an account receivable for $1,100 was determined to be uncollectible and was written off, View transaction list Journal entry worksheet 1 2 > Record the end-of-period adjustment for bad debts under the aging of accounts receivable method. Note: Enter debits before credits View transaction list Journal entry worksheet

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