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PB8-1(Algo) Recording Accounts Receivable Transactions Using the Allowance Method [LO 8-2] Chipman Sofware...

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Accounting

PB8-1(Algo) Recording Accounts Receivable Transactions Using the Allowance Method [LO 8-2]
Chipman Sofware recently reported the following amounts in its unadjusted trial balance at its year-end:
\table[[Accounts Receivable,Debits,Credits],[Allowance for Doubtful Accounts,$2,400,],[Sales (assume all on credit),,$32
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