Question

At December 31, 2013, Finzelberg Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2014, Finzelberg wrote off accounts totaling $11,000. One of those accounts ($1,800) was later collected. At December 31, 2014, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $19,000.

Instructions
Prepare journal entries to record the 2014 transactions of Finzelberg Company.



$1.99
Sales11
Views1067
Comments0
  • CreatedJanuary 30, 2014
  • Files Included
Post your question
5000