2010-04-14_092205_bronze_gallery1

2010-04-14_092205_bronze_gallery1 - 2500 Account Receivbale...

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1 Allowance for doubfull accounts Date Explanation Debit Credit 1-Jan 1945 11,150 13,000 3170 19,090 2325 2 Date Particulars debit credit 6-Jun Account Receivbale Ian Netty 1945 Allowance for doubtful accounts 1945 To reinstat the written of bad debt Cash 1945 Account Receivbale Ian Netty 1945 19-Jul Allowance for doubtful accounts 11150 Account Receivable Rancho 11150 To write of uncollectible accounts 13-Aug Cash 7000 Allowance for doubtfull accounts 13000 Account Receiavable Santori 20000 2-Sep Acccount receivbale Sheryl 3170 allowance for doubtful accounts 3170 To reinstat the written of bad debt Cash 3170 Acccount receivbale Sheryl 3170 31-Dec Allowance for doubtful accounts 19090 Account Receivbale Jacob 8390 Account Receivbale Gracia
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Unformatted text preview: 2500 Account Receivbale summit 6400 Account Receivbale Jill 1800 To write of uncollectible accounts 31-Dec Bad Debt Expenses 2325 Allloance for doubtful accounts 2325 Expected Nrv of Accounts recievable 3 Net realisable value Gross 960750 less allowance for doubt ful accounts-4200 Net Account Reeciable 956550 4 Bad debt expense 45000 Allowance for doubtful accounts 45000 6000000*.01*3/4 Allowance for doubfull accounts Date Explanation Debit Credit 1-Jan 1945 11,150 13,000 3170 19,090 45000 Net realisable value Gross 960750 less allowance for doubt ful accounts-46875 Net Account Reeciable 913875 Balance 40000 1875 4200 Balance 40000 1875 46875...
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This note was uploaded on 07/10/2011 for the course ACC 101 taught by Professor Smith during the Spring '11 term at Virginia Tech.

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2010-04-14_092205_bronze_gallery1 - 2500 Account Receivbale...

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