Lambert Co. has requested that you prepare journal entries from the following (this company uses the Allowance
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2015 Dec. 31 Recorded Bad Debts Expense of $11,000.
2016 Jan. 7 Wrote off Gene Savage's account of $800 as uncollectible.
Mar. 5 Wrote off Paul Jones's account of $1,100 as uncollectible.
July 8 Recovered $400 from Paul Jones.
Aug. 19 Wrote off Bob Shiffer's account of $1,000 as uncollectible.
Aug. 24 Wrote off Jill Neeson's account of $900 as uncollectible.
Nov. 19 Recovered $400 from Bob Shiffer.
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College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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