Question: Please answer 1a-4 they are all the same question Roberts FastCopy Express is the company that made the photocopier popular, but since then has grown

Please answer 1a-4 they are all the same question
Please answer 1a-4 they are all the same question Roberts FastCopy Express
is the company that made the photocopier popular, but since then has
grown a new business related to business process outsourcing. It recently disclosed
the following information concerning the Allowance for Doubtful Accounts on its Form
10-K annual report. Year 2018 2017 2016 Req 1A Beginning Balance $
66 71 81 Allowance for Doubtful Accounts (dollars in millions) Increases for

Roberts FastCopy Express is the company that made the photocopier popular, but since then has grown a new business related to business process outsourcing. It recently disclosed the following information concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Year 2018 2017 2016 Req 1A Beginning Balance $ 66 71 81 Allowance for Doubtful Accounts (dollars in millions) Increases for Badi Debt Expense Beginning Balance Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2018 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove that the above items account for the changes in the account. 2. Record summary journal entries for 2018 related to () estimating bad debt expense and () writing off specific balances. 3. Supply the missing information for 2017 and 2016. 4. If Roberts FastCopy had written off an additional $27 (thousand) of accounts receivable during the period, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Reg 1B $ 21 23 b Debit Req 2 Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2018 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Allowance for Doubtful Accounts Req 3 Decreases for Write-Offs $ 24 a 32 Reg 4A Ending Balance $63 66 71 Credit nces Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2 Req 3 Req 4A Write the T-account in equation format to prove that the above items account for the changes in the account. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Beginning Balance Ending Balance 0 Year 2018 2017 2016 Beginning Balance $ 66 71 81 (dollars in millions) Increases for Bad Debt Expense Req 1A $ 21 23 b Req 18 Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2018 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove that the above items account for the changes in the account. 2. Record summary journal entries for 2018 related to () estimating bad debt expense and () writing off specific balances. 3. Supply the missing information for 2017 and 2016. 4. If Roberts FastCopy had written off an additional $27 (thousand) of accounts receivable during the period, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Decreases for Rrite-Offs $ 24 Req 2 Write the T-account in equation format to prove that the above items account for the changes in the account. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Beginning Balance Req 3 a 32 Ending Balance Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 3 Record summary journal entries for 2018 related to (1) estimating bad debt expense and () writing off specific balances. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Complete this question by entering your answers in the tabs below. Req 1A Req 18 Not Receivables Net Income Reg 2 Req 3 If Roberts FastCopy had written off an additional $27 of accounts receivable during 2016, by how much would its Net Accounts Receivable have decreased? How much would the write-off have decreased Income from Operations? Req 4A

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