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If bestway estimates that 2 of credit sales will be

Question - Bestway, Inc. had credit sales of 142,000 for the period. The balance in Allowance for Doubtful Accounts is a debit of 643. If Bestway estimates that 2% of credit sales will be uncollectible, what is the required journal entry to record estimated uncollectible accounts?

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Accounting Basics: If bestway estimates that 2 of credit sales will be

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