- RECEIVABLES - PART 2 REQUIRED: enter the correct answers in the dedicate Your REQUIRED EXACT of the Please note: in case the number is in thousands or more please type ONLY THE NUMBERS WITH NO DOTS. NOR COMMAS. Bet Aundred to the type 1533 Please note: in case is needed, please round to USO units Please refer to the previous exercise ("BIG MOUNTAIN COMPANY") Required aranare the journal entries on the General Journal for evy Mountain Company doet, procedent errei), choosing the correct secounts for each jornal entry and using the EXACT names given below the General Journal Date Account DR Account CR Amount OR Amunt October 20 December 31 ACCOUNTS RECEIVABLE ADDITIONAL PAID-IN CAPITAL ALLOWANCE FOR DOUBTFUL ACCOUNTS AMORTIZATION EXPENSE BAD DEBT EXPENSE CASH CREDIT CARD DISCOUNT INVESTMENTS PREPAD EXPENSE RETAINED EARNINGS SALES DISCOUNT SALES RETURNS AND ALLOWANCES SALES REVENUES UNEARNED REVENUE MAC PIE Question RECEIVABLES - PARET REQUIRED: enter the correct answers in the dedicated Please note in case the number is in thousands or more ONLY THE NUMBERS WITH NO DOTS, NON COMAS Please note in case is needed, please round 10 USD Big Mountain Company was the aging of necounts receivable methods Following are sected accounts dela on January 1, 20XX Accounts Receivable balance 525.000 Allowance for Double Account balance 5 1.200 On October 28. an Account Receivable of 600 from a prosa wa dared to become Following are information available at year and (December 31, 20xx): The gross amount of the Accounts Receivable is $17.645 of which A not yet due: $12825 up to 120 days past : $3.975 C more than 120 days past due: $ 845 On October 20. an Account 500mpor Following are informatyear and December 2000 The gross amount of the Account ces 17.545 of which A not yet due: 12.325 up to 120 days paste: 53.075 c. more than 120 days past 5845 Based on the previous experience the werage rate on the out of the receives at yow end to A4 percent 12 percent C 40 percent Required compute and enter here below the dollar amount of Mi prime may til to give me correct becamere total BAD DEBT EXPENSE in the Income Statemont 20XX Net amount of ACCOUNTS RECEIVABLE in the Balance Shoot 20XX - RECEIVABLES - PART 2 REQUIRED: enter the correct answers in the dedicate Your REQUIRED EXACT of the Please note: in case the number is in thousands or more please type ONLY THE NUMBERS WITH NO DOTS. NOR COMMAS. Bet Aundred to the type 1533 Please note: in case is needed, please round to USO units Please refer to the previous exercise ("BIG MOUNTAIN COMPANY") Required aranare the journal entries on the General Journal for evy Mountain Company doet, procedent errei), choosing the correct secounts for each jornal entry and using the EXACT names given below the General Journal Date Account DR Account CR Amount OR Amunt October 20 December 31 ACCOUNTS RECEIVABLE ADDITIONAL PAID-IN CAPITAL ALLOWANCE FOR DOUBTFUL ACCOUNTS AMORTIZATION EXPENSE BAD DEBT EXPENSE CASH CREDIT CARD DISCOUNT INVESTMENTS PREPAD EXPENSE RETAINED EARNINGS SALES DISCOUNT SALES RETURNS AND ALLOWANCES SALES REVENUES UNEARNED REVENUE MAC PIE Question RECEIVABLES - PARET REQUIRED: enter the correct answers in the dedicated Please note in case the number is in thousands or more ONLY THE NUMBERS WITH NO DOTS, NON COMAS Please note in case is needed, please round 10 USD Big Mountain Company was the aging of necounts receivable methods Following are sected accounts dela on January 1, 20XX Accounts Receivable balance 525.000 Allowance for Double Account balance 5 1.200 On October 28. an Account Receivable of 600 from a prosa wa dared to become Following are information available at year and (December 31, 20xx): The gross amount of the Accounts Receivable is $17.645 of which A not yet due: $12825 up to 120 days past : $3.975 C more than 120 days past due: $ 845 On October 20. an Account 500mpor Following are informatyear and December 2000 The gross amount of the Account ces 17.545 of which A not yet due: 12.325 up to 120 days paste: 53.075 c. more than 120 days past 5845 Based on the previous experience the werage rate on the out of the receives at yow end to A4 percent 12 percent C 40 percent Required compute and enter here below the dollar amount of Mi prime may til to give me correct becamere total BAD DEBT EXPENSE in the Income Statemont 20XX Net amount of ACCOUNTS RECEIVABLE in the Balance Shoot 20XX