A company has made 13000000 czk in credit sales over the


A company has made 13,000,000 CZK in credit sales over the past year.Its policy is to maintain a reserve of 5% for losses on its credit sales.There is a balance of 15,000 CZK in the reserve account at present.Prepare the transaction to complete the reserve

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Accounting Basics: A company has made 13000000 czk in credit sales over the
Reference No:- TGS0900639

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