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Terms in this set (52)
Select all that apply
Glueck Corp. reports sales revenue of $200,000. During the year, the company's accounts receivable balance decreased by $14,000. Additional information reveals that during the year accounts totaling $7,000 were written off and bad debt expense of $10,000 recognized. A journal entry prepared to determine cash collected from customers would include
credits to (Select all that apply.)
Multiple select question.
allowance for doubtful accounts for $3,000.
sales revenue for $200,000.
accounts receivable for $14,000.
cash for $207,000.
bad debt expense for $10,000.
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