Question: At December 31 2014 Finzelberg Company had a credit balance

At December 31, 2014, Finzelberg Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2015, Finzelberg wrote off accounts totaling $11,000. One of those accounts ($1,800) was later collected. At December 31, 2015, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $19,000.

Instructions
Prepare journal entries to record the 2015 transactions of Finzelberg Company.



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  • CreatedFebruary 17, 2014
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