acy1111-ch9.1

acy1111-ch9.1 - ............ 1,900 Accounts Receivable.

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© 2009 For Instructor Use Only 9-16 SOLUTIONS TO PROBLEMS PROBLEM 9-1A (a) Dec. 31 Bad Debts Expense. ................................. 38,570 Allowance for Doubtful Accounts. ..... 38,570 ($54,570 – $16,000) (a) & (b) Bad Debts Expense Date Explanation Ref. Debit Credit Balance 2008 Dec. 31 Adjusting 38,570 38,570 Allowance for Doubtful Accounts Date Explanation Ref. Debit Credit Balance 2008 Dec. 31 31 2009 Mar. 1 May 1 Balance Adjusting 1,900 38,570 1,900 16,000 54,570 52,670 54,570 (b) 2009 (1) Mar. 1 Allowance for Doubtful Accounts.
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Unformatted text preview: ............ 1,900 Accounts Receivable. ......................... 1,900 (2) May 1 Accounts Receivable . ................................ 1,900 Allowance for Doubtful Accounts. ....... 1,900 1 Cash. ............................................................ 1,900 Accounts Receivable. ......................... 1,900 (c) 2009 Dec. 31 Bad Debts Expense. ................................... 44,300 Allowance for Doubtful Accounts. ....... 44,300 ($42,300 + $2,000)...
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This note was uploaded on 02/04/2012 for the course ACCT 2111 taught by Professor Eric during the Spring '11 term at CUHK.

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