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Show the journal entries to record the allowance

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Reference no: EM133166520

Question - Assume that the allowance account had a debit balance of $1,020 at 30 June 2018. Show the journal entries to record the allowance for doubtful debts at 30 June 2019 under:

1. the net credit sales method

2. the ageing of accounts receivable method

Reference no: EM133166520

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