Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance...

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Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $50,000, the bad debt expense account had a balance of $0, and the allowance for doubtful accounts had a credit balance of $5,000. Journalize the remaining journal entries for the 2023 year Dec. 2 Sold tents for $5,000 on account with a cost of $2,500. 20 Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,200 and Grouse Co. with an accounts receivable balance of $2,500 were uncollectible and needed to be written off. 23 Unexpectedly received payment from Grouse Co. for $2,500. 31 Estimated that 10% of accounts receivable recorded to date would be uncollectible. Required: 1. Prepare journal entries to record the transactions Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet 2 3 4 5 6 Required: 1. Prepare journal entries to record the trarfsactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet < 1 Record the sales. 3 4 5 6 Note: Enter debits before credits Date Dec 02, 2023 General Journal Debit Credit Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the cost of sales and reduce inventory. Note: Enter debits before credits. Date Dec 02, 2023 General Journal Debit Credit Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co should be posted separately View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the write-off of uncollectible accounts for Rocky Co. and Grouse Co.. separately. Note: Enter debits before credits Date Dec 20, 2023 General Journal Debit Credit < Prev 5 of 11 Score answer > Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co should be posted separately. View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the reinstate account of Grouse Co. Note: Enter debits before credits Date Dec 23, 2023 General Journal Debit Credit my Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should I posted separately. View transaction list Journal entry worksheet < 1 2 3 4 6 Record the full payment of account. Note: Enter debits before credits Date Dec 23, 2023 General Journal Debit Credit Required: Check my we . Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the estimate for uncollectible accounts. Note: Enter debits before credits. Date Dec 31, 2023 General Journal Debit. Credit 2. Post the T-account for accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance for each account. Beg Bal Accounts Receivable 50,000 Beg Bal Allowance for Doubtful Accounts. 5,000 End. Bal End. Bal Bad debt expense Beg. Bal End. Bal Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $50,000, the bad debt expense account had a balance of $0, and the allowance for doubtful accounts had a credit balance of $5,000. Journalize the remaining journal entries for the 2023 year Dec. 2 Sold tents for $5,000 on account with a cost of $2,500. 20 Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,200 and Grouse Co. with an accounts receivable balance of $2,500 were uncollectible and needed to be written off. 23 Unexpectedly received payment from Grouse Co. for $2,500. 31 Estimated that 10% of accounts receivable recorded to date would be uncollectible. Required: 1. Prepare journal entries to record the transactions Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet 2 3 4 5 6 Required: 1. Prepare journal entries to record the trarfsactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet < 1 Record the sales. 3 4 5 6 Note: Enter debits before credits Date Dec 02, 2023 General Journal Debit Credit Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the cost of sales and reduce inventory. Note: Enter debits before credits. Date Dec 02, 2023 General Journal Debit Credit Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co should be posted separately View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the write-off of uncollectible accounts for Rocky Co. and Grouse Co.. separately. Note: Enter debits before credits Date Dec 20, 2023 General Journal Debit Credit < Prev 5 of 11 Score answer > Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co should be posted separately. View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the reinstate account of Grouse Co. Note: Enter debits before credits Date Dec 23, 2023 General Journal Debit Credit my Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should I posted separately. View transaction list Journal entry worksheet < 1 2 3 4 6 Record the full payment of account. Note: Enter debits before credits Date Dec 23, 2023 General Journal Debit Credit Required: Check my we . Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately. View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the estimate for uncollectible accounts. Note: Enter debits before credits. Date Dec 31, 2023 General Journal Debit. Credit 2. Post the T-account for accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance for each account. Beg Bal Accounts Receivable 50,000 Beg Bal Allowance for Doubtful Accounts. 5,000 End. Bal End. Bal Bad debt expense Beg. Bal End. Bal