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Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event,...

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Accounting

Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) At the end of June, bad debt expense is estimated to be $14,400. In July, customer balances are written off in the amount of $7,200.

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