During 2013, Chocolate Passion completed these transactions: 1. Sales revenue on account, $1,030,000 2. Collections on account,
Question:
1. Sales revenue on account, $1,030,000
2. Collections on account, $895,000
3. Write-off s of uncollectibles, $15,000
4. Uncollectible-account expense, 2% of sales revenue
Journalize Chocolate Passion’s 2013 transactions. Explanations are not required.
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1 Accounts Receivable 1030000 Sales Revenue 1030000 2 Cash ...View the full answer
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Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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