Questions for accounting 101. Hope you can explain it.

Solve part b.

WileyPLUS El ASSIGNMENT RESOURCES Cllu tors Assi nment Brief Exercise 8-2 Part Level Submission Brief Exercise 873 Part Levels brnission Brief Exercise 8-5 Part Level Submission Brief Exercise see (Part Lemmy) Brief Exe clse (Fa - Level SumeSSan) Brief Exercise 8-12 Part Level Submission) Brief Exercise 8-14 Part Level Submission Brief Exercise 8-15 {Part Level Submission) Problem 8-11A Part Level Submission Exgand Vour Critical Thinking 5-5 (Part Level SumesSIon Review Snore Review Results by study Obiective yPLUS Myw eyPLUS | Helg | INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) Kimmel, Financial Accounting, Seventh Canadian E MESSAGEMvmsrRucroR s'rAuDARDvwa vaYERVERsIon l V (a) ' I Your answer is correct. Prepare the journal entry tn record the write off. (Credit account titles are autcmatically indented when the amount is entered. Dc not indent manually. trnd entry is required, select "No Entry" for the 1 account titles and enter 0 for the amounts.) i Date Amounttlesand Explanation Debit Gedit ' l ~/ snow usr OF ACCOUNTS l 7 l l 1 LINK m TEXT Attempts: 3 of 15 used V (b) l What is the carrying amount of the accounts receivable (1) before the write off and (2) after the write off? Net realizable value (1) Before write off 3 l (2) After write off $l l l Attempts: 0 of 15 used SAVE FOR LAYER Chapter 8 As gnment Questinns/ Exercises