Hitachi, Ltd., reports total revenues of 10,.034.305 million for its current fiscal year, and its current...
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Hitachi, Ltd., reports total revenues of ¥10,.034.305 million for its current fiscal year, and its current fiscal ye. balance reports a debit balance for trade recelvables (gross) of ¥2.992.770 millon. a. Prepare the adjusting entry to record Its bad debts expense assuming uncollectibles are estimated to be its unadjusted trial balance reports a credit balance of ¥10,000 million for the allowance for doubtful accour b. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 20 recelvables (gross) and its unadjusted trial balance reports a credit balance of ¥10,000 million for the allowa (Enter your answers in millions rounded to the nearest whole number.) View transaction list Journal entry worksheet Prepare the adjusting entry to record Its bad debts expense assuming uncollectibles are estimated to be 0.4% of total revenues and its unadjusted trial balance reports a credit balance of X10,000 million for the allowance for doubtful accounts. Note: Enter debats before credits. Transaction General Journal. Debit Credit Hitachi, Ltd., reports total revenues of ¥10,.034.305 million for its current fiscal year, and its current fiscal ye. balance reports a debit balance for trade recelvables (gross) of ¥2.992.770 millon. a. Prepare the adjusting entry to record Its bad debts expense assuming uncollectibles are estimated to be its unadjusted trial balance reports a credit balance of ¥10,000 million for the allowance for doubtful accour b. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 20 recelvables (gross) and its unadjusted trial balance reports a credit balance of ¥10,000 million for the allowa (Enter your answers in millions rounded to the nearest whole number.) View transaction list Journal entry worksheet Prepare the adjusting entry to record Its bad debts expense assuming uncollectibles are estimated to be 0.4% of total revenues and its unadjusted trial balance reports a credit balance of X10,000 million for the allowance for doubtful accounts. Note: Enter debats before credits. Transaction General Journal. Debit Credit
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Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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