Question: how would I do this in excel Allowance for Doubtful Accounts PAGE GENERAL JOURNAL Account Titles & Explanation Date PR Debit Credit CHAPTER 8 Receivables

how would I do this in excel Allowance for Doubtful Accounts

PAGE GENERAL JOURNAL Account Titles & Explanation Date PR Debit Credit CHAPTER

how would I do this in excel

Allowance for Doubtful Accounts PAGE GENERAL JOURNAL Account Titles & Explanation Date PR Debit Credit CHAPTER 8 Receivables QS 8-7 Adjusting entry to estimate bad debts-percentage of receivables LO2, 3 Foster Company uses the allowance method to account for uncollectible accounts receivable. At year-end, December 31, the unadjusted balance in the Allowance for Doubtful Accounts was $450 credit. Based on past experience, it was estimated that 2.5% of the Accounts Receivable balance of $640,000 was uncollectible. Rec- ord the adjusting entry to estimate bad debts at December 31

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