Stilton Company reported the following in its general ledger. Using your knowledge of receivable transactions, match each
Question:
1. Collect previously written-off account ______
2. Provide service on account ______
3. Write off uncollectible account ______
4. Collect accounts receivable ______
5. Record bad debt expense ______
6. Reverse previously written-off account ______
Transcribed Image Text:
Accounts Receivable Service Revenue (b 80,000 500 Jan. 1 20,000 (a) 120,000 120,000 Dec. 359,500 500 500 Allowance for Doubtful Accounts Bad Debt Expense 2,000 900 2,400 500 Jan. 1 900 500 Dec. 31
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Related Book For
Accounting Principles Part 2
ISBN: 978-1118306796
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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