Accountsreceivable accountsreceivable sales sales

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Unformatted text preview: dit sale of $100? Journal entry for credit sale of $100? Accounts receivable Accounts receivable Sales Sales Accounts Receivable 100 100 100 100 Allowance for Doubtful Accounts Beg. 500 25 Beg. End. 500 25 End. Chapter 7-23 LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Journal entry for credit sale of $100? Journal entry for credit sale of $100? Accounts receivable Accounts receivable Sales Sales Accounts Receivable Beg. 500 Sale 600 100 100 Allowance for Doubtful Accounts 100 End. 100 100 Chapter 7-24 25 Beg. 25 End. LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Collected of $333 on account? Collected of $333 on account? Cash Cash Accounts receivable Accounts receivable Accounts Receivable Beg. 500 Sale 600 333 333 Allowance for Doubtful Accounts 100 End. 333 333 Chapter 7-25 25 Beg. 25 End. LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Accounting Collected of $333 on account? Collected of $333 on account? Cash Cash Accounts receivable Accounts receivable Accounts Receivable Beg. 500 Sale 100 End. 267 Chapter 7-26 333 333 333 333 Allowance for Doubtful Accounts 25 333 Beg. 25 End. Coll. LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Accounting Adjustment of $15 for estimated Bad­Debts? Adjustment of $15 for estimated Bad­Debts? Bad debt expense Bad debt expense Allowance for Doubtful Accounts Allowance for Doubtful Accounts Accounts Receivable Beg. 500 Sale 100 End. 267 Chapter 7-27 15 15 15 15 Allowance for Doubtful Accounts 25 333 Beg. 25 End. Coll. LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Accounting Adjustment of $15 for estimated Bad­Debts? Adjustment of $15 for estimated Bad­Debts? Bad debt expense Bad debt expense Allowance for Doubtful Accounts Allowance for Doubtful Accounts Accounts Receivable Beg. 500 Sale 100 End. 267 Chapter 7-28 15 15 15 15 Allowance for Doubtful Accounts 25 333 Coll. Beg. 15 Est. 40 End. LO 4 Explain accounting issues related to recognition of accounts receivable. Accounting for Accounts Receivable Accounting for Accounts Receivable Accounting Write­off of uncollectible accounts for $10? Write­off of uncollectible accounts for $10? Allowance for Doubtful accounts Allowance for Doubtful accounts Accounts receivable Accounts receivable Accounts Receivable Beg. 500 Sale 100 End. 267 Chapter 7-29 10 10 10 10 Allowance for Doubtful Accounts 25 333 Co...
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This document was uploaded on 02/08/2014.

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