Solution-What the adjusting entry would include a credit to

What the adjusting entry would include a credit to account

Reference no: EM132841694

Question - Waterway Industries's account balances at December 31, 2020 for Accounts Receivable and the Allowance for Doubtful Accounts are $900000 debit and $1580 credit. Sales during 2020 were $2706000. It is estimated that 1% of sales will be uncollectible. What the adjusting entry would include a credit to the allowance account?

$28640.

$27060.

$25480.

$9000.

Reference no: EM132841694

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What the adjusting entry would include a credit to account

Reference no: EM132841694

Reference no: EM132841694

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