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Prepare journal entry to record transactions of kingbird co

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At December 31, 2021, Kingbird Company had a credit balance of $15,200 in Allowance for Doubtful Accounts. During 2022, Kingbird wrote off accounts totaling $13,300. One of those accounts ($2,200) was later collected. At December 31, 2022, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $27,200.

Problem 1: Prepare journal entries to record the 2022 transactions of Kingbird Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Reference no: EM132679010

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