Question: ?J . T . ?Traverse Company, is a software development company that recently reported the following amounts ( in thousands ) ?in its unadjusted trial

 ?J.T. ?Traverse Company, is a software development company that recently reported

?J.T. ?Traverse Company, is a software development company that recently reported the following amounts (in thousands) ?in its unadjusted trial balance as of February 28,2019.
?
? Debits Credits
Accounts Receivable $ 985,000 ?
Allowance for Doubtful Accounts $ 4,550
Sales and Service Revenue 3,400,000Assume that the unadjusted balance in J.T. ?Traverse's Allowance for Doubtful Accounts at February 28 ?was a debit balance of $1,020(thousand). ?J.T. ?Traverse uses the aging of accounts receivable method and estimates that $5,100(thousand) ?of Accounts Receivable will be uncollectible. Prepare the adjusting journal entry required at February 28 ?for recording bad debt expense. (If no entry is required for a transaction/event, ?select "No Journal Entry Required" in the first account field. Enter your answers in whole dollars, rather than in thousands of dollars (e.g. ?$4 ?would be entered as $4,000).)
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\table[[No,Date,General Journal,Debit,],[1,February 28,2019,Bad Debt Expense,,Credit],[,,Allowance for Doubtful Accounts,,]]
the following amounts (in thousands) ?in its unadjusted trial balance as of

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