At December 31, 2009, Braddock Company had a balance of $15,000 in the Allowance for Doubtful Accounts.

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At December 31, 2009, Braddock Company had a balance of $15,000 in the Allowance for Doubtful Accounts. During 2010, Braddock wrote off accounts totaling $13,000. One of those accounts ($1,800) was later collected. At December 31, 2010, an aging schedule indicated that the balance in the Allowance for Doubtful Accounts should be $19,000. Instructions
Prepare journal entries to record the 2010 transactions of Braddock Company.


Aging Schedule
Aging schedule is an accounting table that shows a company’s account receivables. It is an summarized presentation of accounts receivable into a separate time brackets that the rank received based upon the days due or the days past due. Generally...
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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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