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Prepare the journal entry to record the year end adjustment

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Problem 1: At December 31, 2016, Erwin Graphics has a $8,550 debit balance in Allowance for Uncollectible Accounts. It estimates that 6 percent of the $89,000 in sales are uncollectible. Prepare the journal entry to record the year end adjustment for the uncollectible accounts.

Reference no: EM132695192

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