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(Solved): Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industri ...
Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industries. Assume that the allowance for doubtul accounts for Evers Industries has a credit balance of $11,725 before adjustment on July 31 . Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank.