Wk4 D2a - E9-15 (15 min.) Journal Accounts and Explanations...

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Unformatted text preview: E9-15 (15 min.) Journal Accounts and Explanations Accounts Receivable Cash Sales Revenue Sold goods on account, recv'd cash Date Cash Accounts Receivable Recv'd cash on account Uncollectable Account Expense Allowance for Uncollectable Accounts Recorded uncollected expenses Allowance for Uncollectable Accounts Accounts Receivable Wrote off uncollected account Accounts Receivable 28,000 Adj. 160,000 End. Bal. 55,600 Adj. Adj. 130,000 2,400 Allowance for Uncollectible A Adj. 2,400 Net accounts receivable = $53,800 Debit 160,000 20,000 Credit 180,000 130,000 130,000 3,200 3,200 2,400 2,400 for Uncollectible Accounts Adj. End. Bal. 1,000 3,200 1,800 ...
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This note was uploaded on 04/20/2011 for the course ACC 205 taught by Professor Robertcarr during the Spring '10 term at Ashford University.

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Wk4 D2a - E9-15 (15 min.) Journal Accounts and Explanations...

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