Allowance for doubtful debts At the end of July 2022, you estimated doubtful debts of $7800 should
Fantastic news! We've Found the answer you've been seeking!
Question:
Allowance for doubtful debts At the end of July 2022,
you estimated doubtful debts of $7800 should be recorded. The balance of the allowance for doubtful debts account is to increase by $7800.
Manual Journal: Narration: Increase allowance for doubtful debt for end of July 2022
Date: 2022-07-31
Required:
Untick Show journal on cash basis reports Auto Reversing N/A Amounts are No Tax For marking purposes, and make sure that manual journal narration is: Increase allowance for doubtful debt for end of July 2022
Note: First line: Consider which account is debited Second Line: Consider which account is credited
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date: