Question: q4 - chapter 8 financial accounting Current Attempt in Progress At December 31.2023. Whispering Winds Company had a credit balance of $16,400 in Allowance for

q4 - chapter 8 financial accounting

Current Attempt in Progress At December 31.2023. Whispering Winds Company had a credit balance of $16,400 in Allowance for Doubtful Accounts. During 2024. Whispering Winds wrote off accounts totalling $11,700. One of those accounts of $1,700 was later collected. At December 31. 2024, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $21.400. Prepare journal entries to record the 2024 transactions of Whispering Winds Company. (Credit account titles are aufomatically indented when amount is entered. Do not indent manually. II no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) (To record collection of accounts previously written-off.) (To record estimated bad debts for the year)

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