During its first year of operations, Oriole Company had credit sales of $3,183,500;$638,000 remained uncollected...
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Accounting
During its first year of operations, Oriole Company had credit sales of $;$ remained uncollected at yearend. Th credit manager estimates that $ of these receivables will become uncollectible.
a
Prepare the journal entry to record the estimated uncollectibles. Credit account titles are automatically indented when amount is entered. Do not indent: manually.
Account Titiles and Explanation
Debit
Credit
Answer & Explanation
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