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MINI CASE #2 Instructions: Fill in the blanks _____. At the end of its first year of operations, Kids-At-Play had accounts receivable totaling...
MINI CASE #2Instructions: Fill in the blanks _____. Use this mini case to help you studyKids-At-Play is a toy store that began operations this year. At the end of its first year of operations, Kids-At-Play had accounts receivable totaling $50,000. The store's manager estimates that $1,500 of those receivables will not be collected.Journal entry to record uncollectible accounts at the end of the year: