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Ch7+8Problems - 7-46 07-46 Name kathy haines To enter the...

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7-46 Page 1 07-46 Name: kathy haines To enter the journal entries, select the appropriate account titles from the drop-down lis provided in the blue-shaded cells in columns C and D, and enter the appropriate amou the blue-shaded cells in columns G and I. Round your answers to nearest whole numb 1. GENERAL JOURNAL Account Title Debit Cash 310,270 Accounts Receivable 380,780 Sales Cash 303,800 Sales Discounts 76,980 Accounts Receivable Allowance for Bad Debts 5,250 Accounts Receivable Sales Returns and Allowance 83,800 Accounts Receivable Sales Returns and Allowance 13,318 Cash Accounts Receivable 8,290 Allowance for Bad Debts Cash 8,290 Accounts Receivable 2. GENERAL JOURNAL Account Title Debit Adjusting Entry Bad Debt Expense 5,217 Allowance for Bad Debts
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7-46 Page 2 sts unts in ber. Credit 691,050 380,780 5,250 83,800 13,318 8,290 8,290 Credit 5,217
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7-49 Page 3 07-49 Enter the appropriate amounts/formulas in the blue-shaded cells, or select from the dro The word “Wrong” will appear to the left of incorrect entries. Un Year 0-30 days 31-60 days 2012 0.30% 0.90% 2011 0.50% 0.80% 2010 0.40% 1.10% 2009 0.40% 1.00% 2008 0.20% 1.10% Average 0.36% 0.98% A Age of Accounts Amount 0 - 30 days $478,600 31-60 days 172,300
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