HOMEWORK

$1-$ Problem P$8-4$B Page $482$ Chapter $8$

$2-$ Solve the following exercise

EXERCISE for home work

a$-$ Total sales for the year were $600,000$ it was estimated that $1\mathrm{.}5\%$ is uncollectible

b$.$ Acc Rec balance Dec $31$ was $$110,000$ of which $6\%$ is uncollectible, AFDA has a credit balance of $$3,500$

c$.$ Acc Rec balance Dec $31$ was $$80,000,$ of which $8\%$ is uncollectible, AFDA has a debit balance of $$7500.$

Prepare adjusting entries to record bad debt expense Dec $31,$ for of A$,$ B$,$ C