Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at...
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Accounting
Kirchhoff Industries has computed that the proper balance for the Allowance for Doubtful Accounts at August 31 is $82,308. Assume that the allowance for doubtful accounts for Kirchhoff Industries has a credit balance of $17,285 before adjustment on August 31.
Journalize the adjusting entry for uncollectible accounts as of August 31.
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