Prepare the transaction to complete the reserve

Reference no: EM13647016

A company has made 13,000,000 CZK in credit sales over the past year.Its policy is to maintain a reserve of 5% for losses on its credit sales.There is a balance of 15,000 CZK in the reserve account at present.Prepare the transaction to complete the reserve

Reference no: EM13647016

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Prepare the transaction to complete the reserve : A company has made 13,000,000 CZK in credit sales over the past year.Its policy is to maintain a reserve of 5% for losses on its credit sales.There is a balance of 15,000 CZK in the reserve account at present.Prepare the transaction to complet..

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