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Compute the adjusting entry required at december

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Question - The Company reported an allowance for doubtful accounts of P28,000 (credit) at December 31, 2018, before performing an aging of accounts receivable. As a result of the aging, we determined that an estimated P27,000 of the December 31, 2018, accounts receivable would prove uncollectible. Compute the adjusting entry required at December?

Reference no: EM132528842

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