1.
Journalize the year-end
2.
Journalize the year-end adjusting entry for uncollectible accounts with the help of aging schedule and determine the resulting ending balance of the Allowance account and also show the T-account for the Allowance on March 31, 2016 for Incorporation DM assuming that instead of $1,650 credit balance, there is a $400 debit balance in the allowance account prior to the adjustment.
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