Week 1- E9-2 - 8,900 [($110,000 X 10%) $2,100] (c) (1) Dec....

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

View Full Document Right Arrow Icon
EXERCISE 9-2 (a) (1) Dec. 31 Bad Debts Expense. ................................................... 1,400 Accounts Receivable—Copp. ................................ 1,400 (b) (1) Dec. 31 Bad Debts Expense. ................................................... 8,120 [($840,000 – $28,000) X 1%] Allowance for Doubtful Accounts. ...................................................... 8,120 (2) Dec. 31 Bad Debts Expense. ................................................... 8,900 Allowance for Doubtful Accounts. ......................................................
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 8,900 [($110,000 X 10%) $2,100] (c) (1) Dec. 31 Bad Debts Expense. ................................................... 6,090 [($840,000 $28,000) X .75%] Allowance for Doubtful Accounts. ...................................................... 6,090 (2) Dec. 31 Bad Debts Expense. ......................................................... 6,800 Allowance for Doubtful Accounts. ............................................................ 6,800 [($110,000 X 6%) + $200]...
View Full Document

This note was uploaded on 03/13/2010 for the course ACC ACC 363 taught by Professor Mariaburgos during the Spring '09 term at University of Phoenix.

Ask a homework question - tutors are online