(ACC100 -Accountng) Wk9 P9 Problems

(ACC100 -Accountng) Wk9 P9 Problems - General Journal Date...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
General Journal Date Account Debit Credit 12/22/2009 Allowance for Uncollectible Accounts 1,000 Accounts Receivable - Transnet 300 Accounts Receivable - Webvan 100 Accounts Receivable - Alpha Group 600 12/31/2009 Uncollectible Accounts Expense 3,050 Allowance for Uncollectible Accounts 3,050 Allowance for Uncollectible Accounts BALANCE DATE ITEM DEBIT CREDIT DEBIT CREDIT 9/30/2009 Balance 1,100 1,100 12/22/2009 Write off 1,000 100 12/31/2009 Adjusting 3,050 3,150 Balance Sheet (partial) : Accounts Receivable 55,000 Less: Allowance for Uncollectible Accounts (-3,150) Accounts Receivable, net 51,850
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
General Journal Allowance for Uncollectible Accounts Date Account Debit Credit BALANCE 12/31/2008 Uncollectible Account Expense 4,500 DATE ITEM DEBIT CREDIT DEBIT CREDIT Allowance for Uncollectible Accounts 4,500 Balance 0 12/31/2008 Income Summary 4,500 12/31/2008 Adjustment 4,500 4,500 Uncollectible Account Expense 4,500 7/1/2009 Write-Off 1,500 3,000 2/4/2009 Accounts Receivable - Marian Holt
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/19/2012 for the course ACCOUNING ACC100 taught by Professor Rebecca during the Spring '11 term at Strayer.

Page1 / 4

(ACC100 -Accountng) Wk9 P9 Problems - General Journal Date...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online