Hello, for this problem I already have the journal entries. I just need some help with the T accounts in order to find the $6\%$ of the accounts receivable. When I did the T accounts I got $-219,500$ for the Accts Receivable but I don't think that's correct.PROBLEM VIII: Receivable Journal Entries Continued $...$

$($B$).$ What is the balance in the foll....... scounts after the ALL of the above entrids are posted?

Accounts Receivable $q,$ Allowance for Doubtful Accounts $q,$

Computations

On May $1,$ Zadeh Company has $$400,000$ of accounts receivable. Zadeh uses the allowance method of

PROBLEM VII: Reccivable Journal Entries accounting for bad debts. The allowance for doubtful accounts has a normal balance of $$14,000.$ Zadeh

Instructions: $($A$)$ Prepare journal entries to record the following selected May transactions. Record Company uses a perpetual inventory system.

a$.$ Sold $$600,000$ of merchandise $($that cost $$450,700)$ to customers on credit. necessary adjusting entries.

b$.$ Received $$800,100$ cash in payment of accounts receivable.

c$.$ Wrote off $$19,400$ of uncollectible accounts receivable.

d$.$ Received $$6,000$ from an account previously written off.

e$.$ The company estimated that $6\%$ of accounts receivable will be uncollectible. $($Hint: What is the balance in the Accounts receivable acqount after all of the above transactions have been recorded and posted?

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