Given the additional data in the table below: a. Prepare the adjusting journal entry for bad debts expense on December 31, 2013. b. Prepare a partial balance sheet on December 31, 2013, showing how net realizable value is calculated. c. If the balance in Allowance for Doubtful Accounts was a $300 debit balance, journalize the adjusting entry for bad debts expense on December 31, 2013. Balances: Cash, $30,000; Accounts Receivable, $152,000; Allowance for Doubtful Accounts, $300 credit; Inventory, $12,000. Additional Data Alvie Co. December 31, 2013View Solution:Given the additional data in the table below a Prepare the
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