Question: 1 2 - 1 0 ( SO 1 2 ) Becky's Grill regular hourly wage rate is $ 1 4 , and she receives an

12-10
(SO 12) Becky's Grill regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period,
Becky works 45 hours. Becky's fedral incame tax witholding is $95, her FICA tax witheld is $53.20, and she has no voluntary deductions. Compute Becky Grill's gross carnings and net pay for the pay period:
Instructions
(a) Journalize and post the adjusting entry for bad debts at December 31,2008.
(b) Journalize and post to the allowance account the following events and transactions in the year 2005.
(1) On March 31, a $1,000 customer balance originating in 2008 is judged uncollectible.
(2) On May 31, a check for $1,000 is received from the eustomer whose account was written off as uncollectible an March 31.
(c) Journalize the adjusting entry for bad debts on December 31,2009, assuming that the unadjusted balance in Allowance for Doubtrul Accounts is a debit of $800 and the aging schedule indicates that total estimated bad debts will be $30,300.
1 2 - 1 0 ( SO 1 2 ) Becky's Grill regular hourly

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