FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Sunland Inc.'s trial balance before year-end adjustments included the following:
Sales revenue
Sales returns and allowance
Accounts receivable
Allowance for doubtful accounts
Debit
O $16310.
O $19400.
$19091.
O $22490.
$61000
194000
Credit
$1920000
3090
If the estimate of uncollectible accounts is 10% of gross account receivables, the amount of the year-end adjustment is
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Transcribed Image Text:Sunland Inc.'s trial balance before year-end adjustments included the following: Sales revenue Sales returns and allowance Accounts receivable Allowance for doubtful accounts Debit O $16310. O $19400. $19091. O $22490. $61000 194000 Credit $1920000 3090 If the estimate of uncollectible accounts is 10% of gross account receivables, the amount of the year-end adjustment is
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