{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

I-07.03 Worksheet - (b ACCOUNTS RECEIVABLE ALLOWANCE FOR...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: Date: Section: I-07.03(a) (a) GENERAL JOURNAL Date Accounts Debit Credit To record the write-off of the Windy Point receivable To restore the portion of the Windy Point receivable that was collected To record the collection of the Windy Point receivable To record sales on account To record collections on account To record the write-off of accounts To establish the correct balance in the allowance ($320,500 - $150,000 + $90,000 - $123,000 = $137,500; $475,000 - $137,500 = $337,500)
Image of page 1

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

View Full Document Right Arrow Icon