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Dec. $31-$write$-$off

$21,145$

Accounts Receivable$-$Cavey Co$.$

Accounts Receivable$-$Fogle Co$.$

Accounts Receivable$-$Lake Furniture $$

Accounts Receivable$-$Melinda Shryer $$

Dec. $31-$adjusting

Bad Debt Expense

$$

Allowance for Doubtful Accounts $$

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Set up $T$ accounts.

Recall that under the allowance method, the entry to write off an account debits Allowance for Douk In such cases where an account receivable that has been written off is later collected, the account The amount of bad debt expense is affected by the balance in the allowance account.

$2.$ b$.$ Post each entry that affects the following $T$ accounts and determine the new balances:

Allowance for Doubtful Accounts

Bad Debt Expense

Dec. $31$ Adjusting Entry

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Check My Work

Set up $T$ accounts.

Recall that under the allowance method, the entry to write off an account debits Allowance for Dou

In such cases where an account receivable that has been written off is later collected, the account The amount of bad debt expense is affected by the balance in the allowance account.