My Apps Dashboard | sctech_de Lesson 8: Receivables - ACCT110 X My takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&ir eBook Show Me...

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My Apps Dashboard | sctech_de Lesson 8: Receivables - ACCT110 X My takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&ir eBook Show Me How Entries for bad debt expense under the direct write-off and allowance methods The following selected transactions were taken from the records of Shipway Company for Apr. 13. Wrote off account of Dean Sheppard, $8,450. May 15. Received $500 as partial payment on the $7,100 account of Dan Pyle. Wrote of July 27. Received $8,450 from Dean Sheppard, whose account had been written off on receipt. Dec. 31. Wrote off the following accounts as uncollectible (record as one journal entry): Paul Chapman $2,225 Duane DeRosa 3,550 Teresa Galloway 4,770 Ernie Klatt Marty Richey 1,275 1,690 31. If necessary, journalize the year-end adjusting entry for uncollectible accounts. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If a a. Journalize the transactions under the direct write-off method. Apr. 13 Bad Debt Expense Accounts Receivable-Dean Sheppard May 15 Cash Bad Debt Expense Check My Work FB 8,450 0 8,450 500 0 6,600 V 0 All work saved. acer F9 A 10 F1Y My Apps Dashboard | sctech_de Lesson 8: Receivables - ACCT110 X My takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&ir eBook Show Me How Entries for bad debt expense under the direct write-off and allowance methods The following selected transactions were taken from the records of Shipway Company for Apr. 13. Wrote off account of Dean Sheppard, $8,450. May 15. Received $500 as partial payment on the $7,100 account of Dan Pyle. Wrote of July 27. Received $8,450 from Dean Sheppard, whose account had been written off on receipt. Dec. 31. Wrote off the following accounts as uncollectible (record as one journal entry): Paul Chapman $2,225 Duane DeRosa 3,550 Teresa Galloway 4,770 Ernie Klatt Marty Richey 1,275 1,690 31. If necessary, journalize the year-end adjusting entry for uncollectible accounts. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If a a. Journalize the transactions under the direct write-off method. Apr. 13 Bad Debt Expense Accounts Receivable-Dean Sheppard May 15 Cash Bad Debt Expense Check My Work FB 8,450 0 8,450 500 0 6,600 V 0 All work saved. acer F9 A 10 F1Y