Slide33 - Applying the Allowance Method Using the Aging of...

Info icon This preview shows page 1. Sign up to view the full content.

Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Applying the Allowance Method Using the Aging of Accounts Receivable “:er- Ila-e _ Ida! _ _1mDays_ JI-fiflDays _li‘lJ.llDays_ _ MD”: _ oxmlTuuls is 20.1m_ 2; 20,m_ ' ' gin-guessing 1n,nm_ '_ 1n,mn_ _ _ fiesta: zn.m_ '_ 15,m_ is 5.m_ _ _ _ gsaamm 22.1m__ ' 12.nun__ __s 1n.unn__ _ Gem 4-m__ _. .2 _. 3-m._ .15 1.0"". fiounramumtmhmaied] : 39,!!!) 2 2?,m' : «.m' 1m ' 2,0110 ' Tonal _s 115.111!) Es mm _s am I: 15.11:». .3 3.11m :— —-_ .—=—'=’—‘- -'—. . EI-islolicdbadlhflpuwlagg; . 11.10155 1955 __ 595 , m 72 : + 51.5.. 35" : + Li The journal entry to record the Bad Debts Expense is $3,772—$700, or $3,072: Bad debts expense Allowance for bad debts 3,072 3,072 ...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern