Question

The Good Samaritan Hospital uses the allowance method in accounting for bad debts. A journal entry was made for writing off the accounts of Jane Peterson, Eunice Belmont, and Samuel Goldman. Do you agree with this entry? If not, show the correct entry and the correcting entry.
Bad debt expense. . . . . . . . . . . . . 16,205
Accounts receivable . . . . . . . . . . . . . . . . . 16,205



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  • CreatedFebruary 20, 2015
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