Fraud Investigators Incorporated operates a fraud detection service. On March 31,10...
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Accounting
Fraud Investigators Incorporated operates a fraud detection service.
On March customers were billed for detection services totaling $
On October a customer balance of $ from a prior year was determined to be uncollectible and was written off.
On December a customer paid an old balance of $ which had been written off in a prior year.
On December $ of bad debts were estimated and recorded for the year.
EStatic Part
Required:
Prepare journal entries for each transaction above. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
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