Accounting P9-1A, P9-2A, P9-3A Jordan Evans

Accounting P9-1A, P9-2A, P9-3A Jordan Evans - (c) $46,500...

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(a) 1Accounts Receivable Sales 2Sales Returns and Allowances Accounts Receivable 3Cash Accounts Receivable 4Allowance for Doubtful Accounts Accounts Receivable 5Accounts Receivable Allowance for Doubtful Accounts Cash Accounts Receivable
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3,200,000 3,200,000 50,000 50,000 2,810,000 2,810,000 90,000 90,000 24,000 24,000 24,000 24,000
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(b) Accounts Receivable Allowance for Accounts Bal. 960,000 (2) 50,000 (4) 90,000 (1) 3,200,000 (3) 2,810,000 (5) 24,000 (4) 90,000 (5) 24,000 Bal. 1,210,000
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r Doubtful Bal. 80,000 (5) 24,000 Bal. 14,000
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(c) Balance before adjustment Balance needed Adjustment required journal entry would be Bad Debts Expense Allowance for Doubtful Accounts
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$14,000 115,000 $101,000 101,000 $101,000
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(d)
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(a) $33,000.00 (b) $44,000
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Unformatted text preview: (c) $46,500 (d) $52,500 (e) (a) Dec. 31 Bad Debts Expense Allowance for Doubtful Accounts 30,610 30,610 (b) Bad Debts Expense Date Explanation Ref. Debit 2010 Dec. 31 Adjusting 30,610 Allowance for Doubtful Accounts Date Explanation Ref. Debit 2010 Dec. 31 Balance 31 Adjusting 2011 Mar. 31 1,000 31-May Credit Balance 30,610 Credit Balance 12,000 30,610 42,610 41,610 1,000 42,610 (c) 2011 1 Mar.31 Allowance for Doubtful Accounts Accounts Receivable 2 May31 Accounts Receivable Allowance for Doubtful Accounts 31 Cash Accounts Receivable 2011 Dec.31 Bad Debts Expense Allowance for Doubtful Accounts 1,000 1,000 1,000 1,000 1,000 1,000 29,400 29,400...
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Accounting P9-1A, P9-2A, P9-3A Jordan Evans - (c) $46,500...

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