During the financial year ending 30th June 20X5 there were no bad debt write offs. As...
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During the financial year ending 30th June 20X5 there were no bad debt write offs. As a result Aubergine Ltd reviewed all their percentages which are applied in the aged receivables method. Consequently the balance of the Allowance for Doubtful Debts at the 30th June 20X5 was calculated to be $2,270. Required 3 marks Prepare the journal entry to record the adjustment to the Allowance for Doubtful Debts account required at the 30 June 20X5. Date [ [ C [ [ [ C Ulu [ C C C C DR 디 디 디 디 디 C CR During the financial year ending 30th June 20X5 there were no bad debt write offs. As a result Aubergine Ltd reviewed all their percentages which are applied in the aged receivables method. Consequently the balance of the Allowance for Doubtful Debts at the 30th June 20X5 was calculated to be $2,270. Required 3 marks Prepare the journal entry to record the adjustment to the Allowance for Doubtful Debts account required at the 30 June 20X5. Date [ [ C [ [ [ C Ulu [ C C C C DR 디 디 디 디 디 C CR
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Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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