Record the appropriate journal entry to reflect the following: Veggies-R-Us, Inc uses the allowance method to...

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Record the appropriate journal entry to reflect the following: Veggies-R-Us, Inc uses the allowance method to determine their

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Answer 1

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Date	Account title	Debit	Credit
Dec 31, 20XX	Bad debt expense [(47630*0.75%)+250]	$ 607
	Allowance for doubtful accounts		$ 607
	(To record baddebt expense)

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Record the appropriate journal entry to reflect the following: Veggies-R-Us, Inc uses the allowance method to...

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