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Hardy’s Landscape Service’s total revenue on account for 2018 amounted to $273,205. The company, which uses the allowance method, estimates
Required
Journalize the following selected entries:
2012
Dec. 12 Record services performed on account for E. E. Morton, $245.
31 Record the
31 Record the closing entry for Bad Debts Expense.
2013
Feb. 18 Write off the account of E. E. Morton as uncollectible, $245.
Check Figure
Adjusting entry amount,
$1,366.03
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