Add na shown 12 special bank charge for collection of

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AddNAShown12.Special bank charge for collection of note in part 8 on this company’s behalf.NADeduct - Cr.ShownDescriptionDocumentA.An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.InvoiceB.An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.VoucherC.A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.Purchase orderD.A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.Invoice approvalE.A document used by department managers to inform the purchasing department to place an order with a vendor.
F.A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of goods.Receiving reportAt December 31, Folgeys Coffee Company reports the following results for its calendar year.Cash sales$900,000 Credit sales300,000 Its year-end unadjusted trial balance includes the following items.Accounts receivable$125,000debit Allowance for doubtful accounts5,000 debit a.Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be1.5% of credit sales.
b.Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be0.5% of total sales.
c.Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be6% of year-end accounts receivable.
On August 2, 2013, Jun Co. receives a $6,000, 90-day, 12% note from customer Ryan Albany aspayment on his $6,000 account.1. Compute the maturity date for the above note.

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