1one entry to summarize all accounts written off against, Accounting Basics

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1one entry to summarize all accounts written off against

1. One entry to summarize all accounts written off against the Allowance for Doubtful Accounts during 2015.
2. Entries to record the $15,000 in accounts receivable that were subsequently collected.
3. The adjusting entry required at December 31, 2015, to increase the Allowance for Doubtful Accounts to $90,000.

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Accounting Basics: 1one entry to summarize all accounts written off against

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Accounting Basics: 1one entry to summarize all accounts written off against

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