Cosmo Company reported credit sales of $345,000 for the calendar year in its first year...
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Accounting
Cosmo Company reported credit sales of $ for the calendar year in its first year of operations. At December customers buying on credit owed $ to the company. Based on the experience of similar businesses, management, estimates that $ of its accounts receivable will be
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
Answer & Explanation
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