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Show the year-end balance sheet presentation

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Reference no: EM133177476

Question - During Bricker Company's first year of operations, credit sales totaled $200,000 and collections on credit sales totaled $145,000. Bricker estimates that $1,000 of its ending accounts receivable balance will not be collected.

By year-end, Bricker has written off $330 of specific accounts as uncollectible.

Required -

1. Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expenses.

2. Show the year-end balance sheet presentation for accounts receivable.

Reference no: EM133177476

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